“Any sufficiently advanced technology is equivalent to magic.” – Sir Arthur C. Clarke Technology plays a pivotal role in the growth and success of MSMEs. Regular and persistent investment in modern technology (machines and equipment), particularly in the industrial industry, is necessary to maintain quality and stay ahead of the competition.
In the contemporary economic environment, Gender parity has emerged as an essential imperative. Women from diverse social backgrounds are now actively participating in the MSME sector, previously dominated by male entrepreneurs. In India, the introduction of a number of government incentives for female entrepreneurs has encouraged more women to enter
Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in the economy. However, there has been a persistent challenge in finding suitable financing options to support their growth. Some of these firms frequently fail because of a lack of adequate and timely finance. The Central Government has introduced several
Micro, Small, and Medium Enterprises (MSMEs) form the backbone of the Indian economy. However, the MSME sector often faces challenges like insufficient cash flow and poor credit scores. As a result, the government has launched a number of credit capitalization and loan schemes in order to strengthen the sector. One