Micro, Small, and Medium Enterprises (MSMEs) form the backbone of the Indian economy, contributing nearly 30% to India's GDP and employing over 110 million people. For investors looking to back growing businesses, trust and credibility are critical factors that influence their decisions. However, many MSMEs struggle to gain investor confidence due to a lack of formal recognition and...
Small businesses are regarded as the foundation of the Indian economy because they have bolstered local markets, created millions of jobs, prioritized innovation, and, most importantly, helped to formalize the economy. But when it comes to funding, market recognition, or access to government programs, small businesses typically face a disadvantage when competing with big brands.
To ease...
Udyam Registration will facilitate growth for the Micro, Small and Medium Enterprises (MSMEs) in India. It provides businesses with a government-recognized identity and enables them to use various government schemes, loans, subsidies, tenders, and other benefits.
But several MSMEs have issues in regard to Udyam Registration. These issues are minor enough, but they can hinder...
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