Digital Adoption Boosts Productivity And Formalisation In MSMEs: SBI Research
New Delhi, June 5 -- Digital adoption is significantly improving productivity and accelerating formalisation among India's informal enterprises, according to a new SBI Research analysis based on the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2025.
The report, titled "Empowering Enterprises through Digitalisation and Formalisation", found that a one-unit increase in digital adoption is associated with nearly a 76 percent rise in labour productivity among unincorporated enterprises.
Digital Adoption Strongly Boosts Productivity Using an Information and Communication Technology (ICT) adoption index constructed from 21 digitalisation indicators, the study observed a strong relationship between technology usage, business prod...
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