Government wants SMEs to contribute to 50 percent of GDP and $2 trillion exports by 2030 Manufacturing SMEs cannot stack up to those of China, Japan, South Korea in output or quality Government policy does not target manufacturing SMEs specifically PLI schemes need to be altered to cater to setting up smaller factories within a global value chain Policy must address technological changes, incentivize local sourcing to help SMEs In 2023, 162 small and medium sized enterprises (SMEs) listed on the Indian stock exchanges....
By VIVEK Y KELKAR
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https://www.moneycontrol.com/news/opinion/a-made-in-india-policy-needed-to-create-global-smes-12148781.html
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