Examining the Challenges to MSMEs' Growth

Abstract

Micro, Small, and Medium-Sized Enterprises (MSMEs) are vital to the Indian economy since they significantly boost GDP, exports, and employment. Nevertheless, a number of operational and structural issues frequently impede their expansion. This study attempts to look into the main challenges that MSMEs face, such as regulatory restrictions, insufficient infrastructure, technology constraints, and lack of access to financing. The study emphasizes the ways in which these problems limit the sector's potential and makes recommendations for managerial and policy changes. The findings are meant to serve as a guide for stakeholders as they develop strategies that enhance MSMEs' competitiveness and sustainable growth.