Tag: growth of SMEs

The Digital Customer: Changes And Opportunities For Micro Businesses

The rapid proliferation of smartphones and the internet has completely transformed the way small and micro-businesses function in India. Currently, India has about nine hundred million internet users, and about 96% of them use their mobile devices to access the…

Growth and Performance of the MSME Sector in India

The MSMEs (Micro, Small and Medium Enterprises) are backbone to all the countries in the world. In India, MSME sector is a great contributor of manufacturing output, exports and employment.  The sector accounts for about 40% on total exports and…

Rising Input Cost and Liquidity Crunch – Hurdles for Growth of SMEs

According to the survey conducted by Indiamart.com (web portal of SMEs), increasing input costs and liquidity crunch are becoming barriers for growth of SMEs, especially for those involved in apparel business. According to the survey, over 50% of the respondents…