Despite MSMEs’ contribution to the economy and their resilience, funding challenges remain one of their most persistent problems. The government initiatives and formal lending have expanded significantly — ₹10.9 lakh crore in 2019 to over ₹21.7 lakh crore in 2024,... View Article
The travel and tourism market in India is estimated to generate US $26.24 billion in revenue in 2025, and with a projected CAGR of 15.67% between 2025 and 2030, it is expected to reach a market size of US $54.34... View Article
GST 2.0 replaces a complex multi-slab system with a simplified structure aimed at easing compliance for MSMEs, empowering them with faster three-day registration, seven-day provisional refunds, and quarterly filing options for reduced operational strain. The 56th Goods and Services Tax... View Article
When MSMEs decide to scale, they often take one or more paths depending on their business goals and resources. Some focus on production expansion, investing in new machinery, adopting advanced technology, increasing capacity to meet higher demand, leveraging digital platforms... View Article
Engineers play a critical role as manufacturing strength, self-reliance, and high-technology missions remain central to MSME success and government priorities. Their contributions are especially vital for local manufacturers and emerging industries in Tier-2 and Tier-3 towns. This is because India’s... View Article
In 2024, 71% of small businesses in India sought external funding, with 34% citing rising costs as the main reason and 32% pointing to basic business survival. This trend persists even when many businesses report profits in their financial statements.... View Article
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