MSMEs in textiles, gems, auto face stress from US tariffs while showing resilience in domestic market: Report
India's MSME sector shows resilience despite global trade challenges. A new report highlights smooth credit access for most small businesses, with NBFCs as a preferred option. Domestic demand remains strong, boosting confidence. Policy support and a focus on formalization are aiding growth. Collaboration among stakeholders is key for a technology-driven credit ecosystem.