Over the next decade, India is expected to emerge as one of the leading economies of the world. Micro, small and medium enterprises sector will play a huge role in achieving such position. The development of this segment will even give a helping hand to meet the goals of financial inclusion and employment generation thereby reducing the overall poverty level. Though the role and advantages of MSMEs are multi-fold and these cannot be quantified, still this sector faces a lot of challenges in securing easy credit or getting an access to good infrastructure facilities. This paper even focuses on growth of women entrepreneurs in India with special context to this sector and how various government initiatives like TREAD, Mahila Coir Yojana, Self-Help Groups, help these women in attaining their goals.