In the present technologically advanced business environment, industries need to adopt modern maintenance practices such as total productive maintenance (TPM) to support their production facilities and systems. TPM is a Japanese philosophy which strives to improve the productivity of machines by reducing breakdowns, defects, accidents and wastes. It collaborates maintenance and production functions by the total participation of all the employees in an organization. This research work is carried out in small and medium enterprises (SMEs) with the help of a questionnaire designed to investigate the usage and awareness level of TPM. The preset questionnaire is distributed to 150 different SMEs in India and 120 responses are received. These 120 responses are considered for the analysis. The respondents are randomly selected and they include chief executives, engineers, managers and supervisors. The responses obtained are rated on a five-point Likert scale. This questionnaire-based survey research also helps to study the influence of finance factor and employee skills in implementing TPM in the selected SMEs.