The domestic textile market, valued at around USD 165 billion in 2022, includes USD 125 billion from domestic sales and USD 40 billion from exports
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Indian MSMEs need a crucial regulatory framework to ensure that they can compete fairly, boost transparency and support India’s economic vision of reaching USD 1 trillion in exports
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India's MSMEs face financial issues due to delayed payment, stringent supplier terms, and limited access to formal financing options, impacting their growth potential during peak festive seasons
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Can India's MSMEs overcome bureaucratic hurdles and other challenges to become competitive players in the global manufacturing landscape, or will they remain trapped in a cycle of unfulfilled potential?
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MSMEs are seizing the opportunity to expand globally, with popular export categories including handicrafts, home décor and fashion
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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 implementation of the Digital Competition Bill (DCB) can derail the vibrant MSME ecosystem in India, experts say
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On budget 2024-25, experts say that there is still room for improvement, especially in reducing compliance burdens on MSMEs. Further measures could boost their operational efficiency and growth potential
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Data shows that WhatsApp usage among longtail sellers increased from 35 per cent at inception to 40 per cent currently and among SMBs from 25 to 30 per cent
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The collaboration between Vi Business and PayU aims to provide MSMEs with business and digital payment solutions to expand their reach and access credit facilities
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