Micro, small and medium enterprises (MSMEs) will need to integrate new technologies that improve productivity and competitiveness if they are to drive economic growth. Notably, India’s MSME sector, projected to reach USD 1 trillion by 2028, holds immense potential for innovation and job creation. However, the journey is not without its challenges. Addressing those issues is crucial for ensuring sustainable development and inclusive growth.
Micro, small and medium enterprises (MSMEs) will need to integrate new technologies that improve productivity and competitiveness if they are to drive economic growth. Notably, India’s MSME sector, projected to reach USD 1 trillion by 2028, holds immense potential for innovation and job creation. However, the journey is not without its challenges. Addressing those issues is crucial for ensuring sustainable development and inclusive growth.