More

    MSMEs not integrated with e-commerce platforms face survival threat: ICRIER

    Published on

    Start the Transformation from SMB to MNC. What do you want to improve today? Send us a message today to access world-class service providers focussed on SMBs.

      The micro, small and medium enterprises (MSMEs) that are unable to integrate with e-commerce platforms may find it increasingly difficult to access the market as the technology represents a ‘survival threat’ to them, says a latest study by the Indian Council for Research on International Economic Relations (ICRIER).

       

      “While there are gains to MSMEs by integrating with e-commerce platforms, it is important to recognise that for firms that are unable to join e-commerce platforms, technology may represent a survival threat rather than an opportunity. Firms that are not integrated with e-commerce platforms are likely to find it more challenging to access markets at a time when integrated firms are making deeper inroads into markets by leveraging platforms,” said the study titled ‘Annual Survey of MSMEs in India: Leveraging E-commerce for the Growth of MSMEs’.

      Latest articles

      EMPOWERING INDIAN SMES: UNLOCKING GROWTH WITH COMPREHENSIVE INSURANCE COVERAGE

      Risk mitigation: Make Insurance your partner for Global growth In the vibrant tapestry of India's...

      COMPLIANCE – CREATE THE LEVEL PLAYING FIELD IN GLOBAL TRADE

      Get Instant Acceptance from Customers - Compete with established local vendors. In the dynamic world...

      SMB IPO – THE PREFERRED ROUTE TO FUND RAISING

      The Steps to a successful SMB IPO The SMB IPO process involves the transition of...

      ELEVATE YOUR SMB: UNLOCK GLOBAL STANDARDS WITH ELITE SERVICE PROVIDERS

      Discover top-tier service providers tailored for the underserved SMBs and Entrepreneurs. Our curated network...

      More like this

      How to Take Initiative at Work | Tips for Success

      Taking initiative is a great way to show your employer that you are ready...