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Economics2h 44m ago

India's micro, small and medium enterprises (MSME) and small and medium enterprises (SME) are the backbone of the economy, contributing nearly one-third of Gross Domestic Product (GDP) and employing over a hundred million people.

India

Who
Sethuratnam Ravi, Indian micro, small and medium enterprises (MSME), small and medium enterprises (SME)
What
India's micro, small and medium enterprises (MSME) and small and medium enterprises (SME) are the backbone of the economy, contributing nearly one-third of Gross Domestic Product (GDP) and employing over a hundred million people.
When
Wed, 17 Jun 2026 08:04:11 GMT · 2h 44m ago
Where
India ·
Why
Economic conditions are deteriorating, disproportionately exposing MSMEs and SMEs to stress compared to larger enterprises.
The Frontline Impact

How this affects you

This situation highlights the vulnerability of India's significant MSME and SME sectors, which are crucial for the economy and employment. Their ability to adapt to economic challenges through strategic adjustments could impact national economic stability.

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