Technology Adoption by MSMEs in India
- Kurukshetra
- 73(7), May, 2025: p.28-35
MSMEs struggle to adopt new technology due to high costs, lack of skilled workers, and outdated equipment. Unlike large companies, MSMEs have limited funds and resources to upgrade. The government has launched various programmes, such as MSME Technology Centres, The ZED Certification scheme, and the PRISM initiative, to help them improve. To make MSMEs more competitive, better financial support, skill training and easier access to modern technology are needed. Strengthening these efforts will help MSMEs grow and succeed.- Reproduced
MSMEs, science & technology, skill training, modern technology