- By Vishal Chawla
The small and medium businesses (SMEs) in India include 63.4 million units and accounts for nearly 30% of India’s GDP, employing about 460 million people. The sector also makes up for 33.4% of the India’s output in manufacturing, giving employment to around 120 million Indians, according to CII. When it comes to exports, the SMEs contribution is estimated at about 45% of the total exports.
Even though the small and medium-sized enterprises (SMEs) sector contributes to a large chunk of India’s GDP, traditional inefficient methods of operating business and the low rate of technology adoption has hindered smaller business to achieve their potential. Google’s research in collaboration with consultancy firm KPMG revealed that 68% of the 51 million SMEs are not connected to the inte
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Vishal Chawla
Vishal Chawla is a senior tech journalist at Analytics India Magazine and writes about AI, data analytics, cybersecurity, cloud computing, and blockchain. Vishal also hosts AIM's video podcast called Simulated Reality- featuring tech leaders, AI experts, and innovative startups of India.
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