To make India a globally competitive economy, there must be a larger focus on exporting to the most demanding markets. A stronger participation of Indian MSMEs in the global markets can accelerate such a growth. This will lead to more opportunities in scaling up, will speed up innovation and, in turn, enhance productivity.
The micro, small and medium enterprises (MSME) sector in India is the backbone of our country’s economic structure and without this segment, the country cannot progress. With over 63 million MSMEs, the sector covers 80% of the industries in the country, and accounts for 31% of GDP and 45% of …
