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India2025-05en

Enhancing MSMEs Competitiveness in India

Summary

India's Micro, Small and Medium Enterprises (MSMEs) struggle with limited formal finance, inadequate R&D, technology gaps, skill shortages, and market access issues, hindering their growth and competitiveness. This draft report analyzes MSME performance through a cluster-based approach across five key sectors, integrating various data sources and reviewing existing policies to propose strategic interventions. The study is currently in its planning and recommendation phase, aiming to foster MSME growth, innovation, and sustainability.

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