Digital transformation: Defining the growth of Indian MSMEs

Published On: 12/07/2023

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MSMEs are a significant contributor to India’s economy, not only in terms of GDP but also in terms of generating employment and socio-economic growth. MSMEs will lose out in a big way if they are not able to meet the fast-changing pace of technology and digitization in our day and age, especially when pegged against the larger, more equipped firms leveraging the digital space. One such example is the era of Covid-19, where a lot of MSMEs were forced to shut down.