On MSME Day, Entrepreneurs Voice Critical Needs: Technology, Funding, and Skilled Workforce at the Forefront
MSME Day 2025: Spotlight on India’s Growth Backbone June 27 marks International MSME Day , declared by the United Nations General Assembly to raise global awareness about the contributions of Micro, Small, and Medium-sized Enterprises (MSMEs) in achieving the Sustainable Development Goals (SDGs). India, home to over 64 million MSMEs , celebrates this day amidst renewed calls from entrepreneurs for more structured and targeted government support. MSMEs Demand Stronger Tech & Supply Chain Infrastructure According to Vasu Naren , Chairman & MD of Sona Machinery , sectors like food processing face major hurdles due to poor supply chains and limited digital infrastructure. He emphasized the need for smart trade infrastructure , real-time electronic platforms, and improved last-mile logistics. He also urged the government to support MSMEs in global trade promotion through funded digital outreach and regular participation in international trade fairs. IT-Based MSMEs Struggl...