If MSMEs are the backbone of India's economy, what's holding them back?
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If MSMEs are the backbone of India's economy, what's holding them back?
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India’s MSMEs are central to the country’s economic growth, supporting employment, entrepreneurship and local economies. Yet many small businesses continue to face challenges around access to finance, awareness, compliance and technology.
In this episode of The Thought Line, Dr. Sanjay Bhardwaj, Partner, Public and Social Sector Advisory at Forvis Mazars in India, shares his insights on the realities facing MSMEs on the ground and the gaps that remain despite various government initiatives.
The episode also looks at the role of Corporate Mitr and how initiatives focused on awareness, access and implementation can help bridge the gap between policy and the needs of MSMEs on the ground.
Listen to the episode to explore what it will take to strengthen India's MSME ecosystem and enable small businesses to grow with greater confidence.
This episode is available in Hindi. An English transcript is available on our website.