India, Sept. 23 -- India's regulatory landscape is extremely complex. More than 200 labour statutes, dozens of central and state tax laws, sectoral rules and a growing number of environmental, social and governance (ESG) requirements create a compliance maze for enterprises. Many businesses still depend on manual registers, paper filings and fragmented spreadsheets.

India's workforce remains dominated by small organisations. Of the registered micro, small and medium enterprises (MSMEs), around 97% are micro enterprises, only 2.7% are small and just 0.3 % are medium. Yet the MSME sector contributes roughly 29% of GDP and employs over 60 % of the workforce. Recent analysis highlights that more than 90% of India's workforce is employed in t...