Expert view, Sept. 14 -- Anish Maheshwari, MD and CEO, VSURE Investment Affairs, sees substantial long-term potential across AI and data infrastructure, manufacturing, healthcare, logistics and supply chains, fintech and technology-enabled traditional businesses. In an interview with Mint, Maheshwari said that technology alone is rarely the moat and the real value lies in commercial application, defensible economics, and execution at scale. Edited excerpts:

India's SME ecosystem is maturing, and public markets are becoming a genuine growth avenue. But IPO eligibility should never be confused with IPO readiness.

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