About 72 per cent of tech micro, small and medium enterprises (MSMEs) emphasise the need for artificial intelligence (AI) training programs for their workforce
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According to the study, about 43 per cent of MSMEs prefer UPI and 38 per cent prefer aadhaar banking for last-mile banking services
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Yashasvini campaign for women-led units, the ministry says it expects 5 lakh MSEs to benefit from the scheme in three years, 50 per cent of which would be women-owned enterprises.
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During the pandemic, while MSMEs prioritised digitalising their workspaces, in 2024, the focus has moved on to engaging with their customers digitally
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The demand for credit continues to be on an upward trajectory, according to the report
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As GST continues to evolve, its impact on the Indian economy, particularly on MSMEs, will likely become even more pronounced, writes Amit Prasad
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While 49 per cent of micro enterprises with turnovers less than Rs 5 crore expressed a desire to reduce their cloud spending next year, 44 per cent of medium-sized enterprises, with turnovers ranging between Rs 100 crore and Rs 250 crore, indicated plans to increase their cloud expenditure for 2025
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As business operations and compliance increasingly move to digital platforms, women entrepreneurs in rural or underdeveloped areas may face challenges due to limited access to technology and digital literacy, says Nidhi Bhasin, CEO, Nasscom Foundation
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India has more than 70 million micro, small and medium enterprises (MSMEs), creating over 111 million jobs and contributing nearly 30 per cent to gross domestic product (GDP)
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Indian micro, small and medium enterprises (MSMEs) account for 90 per cent of businesses and over 70 per cent of employment, according to the United States (UN) and are the core business of several economies
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