it is imperative that bureaucratic hurdles for Micro, Small and Medium Enterprise (MSME) sector are removed and there is also a burning need to increase awareness about various incentives that are being provided to MSMEs, experts said.
In a Smart Business event organised by the Business Standard in association with the Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA) in Mumbai on ‘Challenges faced by MSMEs’, the key advice from experts was to have transparency in accounting practices.
Premal Udani, Managing Director of Kaytee Corporation Pvt. Ltd. and Former President of Apparel Export Promotion Council and The Clothing Manufacturers Association