‘MSMEs must innovate, scale up to build competitive global businesses’

Industry leaders have urged India’s micro, small and medium enterprises to prioritize innovation and scale in order to compete on the global stage, according to The Hindu BusinessLine.

The message encourages MSMEs to move beyond imitative, me-too products toward distinctive offerings capable of standing out internationally. Speakers framed innovation and the ability to scale as essential to building globally competitive firms.

The remarks reflect a recurring theme in policy and industry discussion about strengthening India’s small-business base. They emphasize differentiation and growth as routes to greater competitiveness.

 

Created by Ayen Stabel.

 

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Sources:

https://www.thehindubusinessline.com/companies/msme/he-urged-companies-to-move-away-from-me-too-products-and-create-me-first-products/article71155513.ece

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