How Expanding Digital Access Can Fuel Credit and Commerce for MSMEs in India

Posted under: SMB
Date: 2025-02-25
The digital pathway to growth for MSMEs | Justo Global

India's MSMEs are undergoing a digital transformation to boost economic growth, aiming for a $7 trillion economy by 2030. Initiatives like the India Stack Initiative 2.0 and UPI are enhancing access to credit and streamlining digital payments. The ONDC is reshaping e-commerce, connecting MSMEs to a wider customer base and fostering fair competition. The MSME Trade Enablement and Marketing Initiative supports onboarding onto the ONDC platform. Financial service providers are offering solutions to bridge the credit gap.

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