The Economic Times RiseNov 25, 2021How can Indian MSMEs grow to compete in the world?India's micro, small and medium enterprises (MSMEs) sector has been at the center of attention for a long time now.There are more than 63 million MSMEs, which employ around 110 people and form a key pillar of the Indian economy.However, 99% of the companies remain micro in their life cycle.This sector is plagued with low productivity, lack of efficiency and limited means, which lead to poor competitiveness in the global sphere.The Economic Times Rise
India's micro, small and medium enterprises (MSMEs) sector has been at the center of attention for a long time now.There are more than 63 million MSMEs, which employ around 110 people and form a key pillar of the Indian economy.However, 99% of the companies remain micro in their life cycle.This sector is plagued with low productivity, lack of efficiency and limited means, which lead to poor competitiveness in the global sphere.The Economic Times Rise
