India, Feb. 25 -- India's MSMEs are the pulse of the economy, driving growth, innovation, and employment. However, their journey is far from smooth, with hurdles like a $333 billion financing gap and limited access to organized supply chains holding them back. Despite powering 30% of GDP and over 40% of exports, many of them struggle to scale their operations.
Here's where technology steps in. With active internet users reaching 820 million in 2023, over 55% of Indians accessed the internet last year, marking an 8% year-on-year growth. Tech-driven B2B e-commerce platforms are rewriting the rulebook, leveraging this connectivity to power the "Golden Triangle"-Commerce, Finance, and Logistics. This model is giving MSMEs the tools they need...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.