India’s ambition to become a $5 trillion economy—and eventually beyond—cannot be realized without unlocking the full potential of its MSME sector. Contributing nearly 30% to India’s GDP, 45% to manufacturing output, and 48% to exports, the SME manufacturing segment is the silent engine of the country’s economic growth. Yet, this sector remains largely manual, fragmented, and digitally under-equipped. If India is to take the fast track toward global competitiveness, digitising and automating this segment is not optional—it’s imperative. While large manufacturing corporations are adopting Industry 4.0 with smart factories and…
Digitising India’s SME Manufacturing: The Fast Track to a Trillion-Dollar Economy
