New Delhi, June 19 -- For someone closely tracking India's small business ecosystem, I have never seen global headwinds align with such relentless force. The ongoing Iran-Israel conflict, uncertainty over US trade tariffs and the growing diplomatic ambiguity between India, Pakistan, and Washington are all converging into a perfect storm - and Indian MSMEs appear to be caught right in its path.
There is no arguing the fact that these geopolitical tensions are affecting the MSME ecosystem badly due to rising logistic costs, and making markets highly unpredictable.
Then again the current Iran-Israel conflict has added to the woes of Indian MSMEs which already operate on razor-thin margins. The conflict has set the global energy market on the...