CII, in association with their Knowledge Partner, Resurgent India released a study at the 2nd Edition of the CII Conference on Financing for Growth: Focus on Sustainable Development of MSMEs held at Chandigarh on 23 October, 2013.
The report provides a deep insight into the role of Indian MSMEs in furthering the national economy. In addition, the study collates the challenges faced by the Indian MSME sector along with a possible resolution of these challenges. Non-availability of credit at an affordable and competitive price has emerged as the major bottleneck in the growth of MSMEs that needs to be addressed.