Digital adoption key for MSME growth, Vi Business insights study highlights
Vi Business has announced compelling findings from its 'ReadyForNext MSME Growth Insights Study Vol 2.0, 2024'. Released on World MSME Day, the study surveyed 1.6 lakh MSMEs across 16 sectors in India, highlighting that nearly 60% of these enterprises plan to digitize their operations by 2025.
The study underscores significant strides in digital adoption across sectors such as IT-ITES, Financial Services, and Transportation. Despite challenges, including knowledge gaps and financial constraints, MSMEs are increasingly leveraging cloud computing, IoT, and advanced workspace tools to boost productivity and market reach. Notably, sectors like Retail and Construction are also witnessing notable digital advancements.In Guwahati, a burgeoning market in the Northeast, businesses are gearing u...