The MSMEs in the state have shown a positive trend of formalisation as annual registrations on the TG-iPASS portal have increased by 11-15 per cent annually
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In India, small businesses face significant safety and data security risks like cyber threats, such as phishing, malware and ransomware
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The government should delay implementation and help the industry prepare. Without support, most MSMEs may struggle to comply and be forced to close, says GTRI
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The heavy reliance on Chinese imports is eroding the market share and survival of Indian micro, small and medium enterprises (MSMEs)
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In India, many women-led MSMEs lack sufficient collateral to secure loans, making it difficult for them to meet the stringent requirements of formal financial institutions
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