MSMEs and Traditional Business Methods Vital to the Indian Economy: Experts

Posted under: SMB
Date: 2024-11-13
MSMEs and Traditional Business Methods Vital to the Indian Economy: Experts

India's MSMEs are fundamental to its economy, contributing about 30% of GDP and employing over 20 crore individuals. Proficorn 2024 showcased these enterprises, with leaders like Vikas Divyakirti, Mithun Sacheti, and Kishore Biyani emphasizing sustainable growth, product quality, and local entrepreneurship. Biyani remarked, “India cannot grow without its entrepreneurs," highlighting MSMEs’ role in job creation and addressing diverse consumer needs.

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