Jammu, May 2 -- NITI Aayog today released the report on 'Enhancing MSMEs Competitiveness in India', prepared by NITI Aayog in collaboration with the Institute for Competitiveness (IFC). The report presents a detailed blueprint for unlocking the immense potential of India's Micro, Small and Medium Enterprises (MSMEs) through systemic reforms in financing, skilling, innovation and market access. The report delves into the key challenges affecting the competitiveness of MSMEs in India. Using firm-level data and the Periodic Labour Force Survey (PLFS), it provides recommendations to foster sustainable integration and enhance their incorporation into global value chains. It focuses on four important sectors - textiles manufacturing and apparel...
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