Excessive data, digital tools regulation can slow MSMEs expansion: Survey

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Excessive data, digital tools regulation can slow MSMEs expansion: Survey - Business Standard

Quick Summary:

A majority of MSMEs surveyed expressed that excessive regulation over data and digital tools can create constraints for them and deprive them of tech gears necessary for scaling the business and reaching new markets and customers, a report has said.

A majority of respondents said that excessive regulation could create constraints for MSMEs, depriving them of digital tools necessary for scaling their businesses, reaching new markets, and sustaining competitiveness, it said.

India SME Forum conducted a survey among more than 1,000 MSMEs for insights into the integration of digital tools within their operations, the report said.