India’s MSME Sector Faces Structural Hurdles to Capitalize on China Plus One Opportunity
The Strategic Imperative for Indian MSMEs Former NITI Aayog member Arvind Virmani stated on May 17 that India must prioritize comprehensive process reforms, targeted skill development, and support for high-growth exporters to successfully integrate Micro, Small and Medium Enterprises (MSMEs) into global supply chains. As multinational corporations increasingly adopt the “China Plus One” strategy to…
