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If we go through the Indian Economy, we can realize the importance of Micro Small and Medium enterprises. MSME is playing pivotal role in Indian Economy. Through MSME social and economic development is possible because unemployment is major hurdle in development of Indian economy and to tackle this problem MSME is one of the sources. Today MSME has expanded its nature of production with the large number of products and diverse range. Today MSME is creating its footprints in Indian Economy. In the year 2018-19 share of MSME in all India GDP is 30.27%. However MSME is facing number of problems in its survival. Some of the problems are from internal environment and some are from external environment. MSME has no control on external environment and in international trade. On the international level the crises of Russia and Ukraine is of a one of the example of effect of Ukraine-Russia war on MSMEs. Today MSME in India is a key player in foreign trade. The Government of India time to time takes essential steps to boost its growth and improve its performance including export. The performance of MSMEs in India is really remarkable. However in the advent of the ongoing war conditions of Russia and Ukraine the MSME is facing a difficulties as it relies on Russia and Ukraine for its raw materials, equipments, cooking gas material, edible oil and an export of India’s MSMEs includes pharmacy ,organic ,chemicals, auto components and electronics. Today Russia is India’s biggest arms supplier and also exporting crude oil and fertilizers .The whole International environment once affected with the pandemic of Corona19 and now when Russian troops invade Ukraine.

MSMEs, Foreign Trade, Importance of MSMEs.