India, Nov. 8 -- Recent years have demonstrated that business risks are no longer confined to market cycles or operational challenges. From pandemics to cyberattacks and climate events, disruptions can emerge suddenly and significantly impact business continuity.

Before the pandemic, few entrepreneurs could have imagined that an invisible virus could bring businesses to a standstill for months. More recently, cyberattacks have crippled small manufacturers, floods have disrupted production across industrial clusters, and supply chain disruptions have delayed deliveries for exporters. For India's millions of micro, small and medium enterprises (MSMEs), these are no longer isolated events but realities of doing business in an increasingly u...