Regulations, business registrations, credit and market access still a challenge for MSME

India’s MSME sector continues to face challenges with regulations, business registrations, credit access, and market entry despite government initiatives to support small businesses. Experts highlighted the need for simplifying compliance requirements and improving credit availability to foster growth in the sector. Market access remains a critical issue, with MSMEs struggling to compete in domestic and international markets. These obstacles hinder the sector’s ability to contribute fully to India’s GDP and employment. Stakeholders emphasized the importance of tailored financial products, digitization, and policy reforms to address these challenges. The MSME sector’s resilience and adaptability are crucial for India’s economic development, making it imperative for policymakers to prioritize its concerns.