New Delhi, Oct. 31 -- India's Micro, Small, and Medium Enterprises (MSMEs) are emerging as powerful entities driving innovation, job creation and economic resilience at large. Today, MSMEs contribute approximately 30.1 per cent to India's Gross Domestic Product (GDP) and account for more than 45.73 per cent of the country's total exports (as of 2024). Furthermore, they are the second-largest generator of employment after agriculture, providing job opportunities to over 20 crore people across the nation.

These businesses often struggle with challenges when scaling and improving operational efficiency. One of the biggest ones is going digital, without bearing the complex IT overhead or prohibitive costs typically associated with large-scal...