Inefficient Transport, High Costs: What's Blocking MSME Growth In Hilly Regions?

Posted under: SMB
Date: 2024-12-02
What's Blocking MSME Growth In Hilly Regions?

MSMEs in India's hilly regions face challenges due to poor connectivity, lack of rail freight corridors, and high logistics costs, limiting market access and growth. Government initiatives like Bharatmala Pariyojana and PM Gati Shakti aim to address these issues, but slow execution hinders progress. MSMEs account for 30% of GDP and 45% of exports, emphasizing their vital role in economic transformation.

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