New Delhi, April 12 -- A recent report by UGRO Capital and Dun & Bradstreet highlights a robust recovery among India's Micro, Small, and Medium Enterprises (MSMEs) following the COVID-19 pandemic.
According to the third edition of the MSME Sampark Report, 64% of MSMEs have resumed operations post-pandemic, with approximately 54% reporting over 10% year-on-year (YoY) growth in sales.
The study analysed over 45,000 MSMEs across seven sectors, including light engineering, food processing, electrical equipment, chemicals, auto components, hospitality, and healthcare.
It found that increased formalization and digitalisation have improved credit access, leading to better financial health. Notably, the debt-to-turnover ratio has improved, and...
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