Digitized business models expanding job opportunities across various SME segment
Digitized business models expanding job opportunities across various SME segment
With the introduction of vaccines and cases under control, there is a new ray of hope. The SME segment in India will gain strength from the healthy moderation in the economy alongside improvement in the general business environment.
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(Representational image)
The onslaught of Corona has affected business all around the world and the Indian SMEs also faced the heat. The SME segment in India alongside micro enterprises (together they are termed as MSME) play a pivotal role in the Indian economy. As both demand and supply got hampered, SMEs have to face the double whammy. Poor cashflow and poor economic outlook further continued to impede growth in an otherwise buoyant SME sector.