What Are the Biggest Challenges that MSMEs Face in India?

The MSME stands for Micro, Small and Medium Enterprises, whose business requires the investment into plant & machinery or equipment. The business could be a manufacturing unit or a service unit. As far as it involves investment into plant & machinery or equipment, it can be classified under MSME within the certain limits of investment. The biggest challenges MSMEs face is to arrange finance for machinery or equipment. Having limited resources, the means to finance the equipment are also limited. What is MSME Loan The key takeaway of the MSME…

Read More