Gurgaon, April 14 -- A pivotal statement released by Navin Gupta, FAIITA, shed light on the pressing challenges faced by Micro, Small, and Medium Enterprises (MSMEs) in the IT sector due to the stringent Standardisation, Testing, and Quality Certification (STQC) requirements. These regulations, aimed at bolstering data security, have inadvertently created barriers that many MSMEs struggle to overcome.

"While the intention behind STQC certification is to enhance data security, it presents significant challenges that many MSMEs find to be beyond their technical and financial reach," stated Gupta. "The added burden of compliance can lead to operational difficulties, and if not addressed promptly, we risk witnessing the closure of over 1,000...