Chandrajit Banerjee: How India’s SME Growth Fund could create globally competitive businesses
The fund, therefore, is more than just another financing initiative. It signals evolution in India’s approach to enterprise development, from supporting the creation and survival of businesses to enabling promising enterprises to achieve scale. It can be a catalyst for enterprise growth, industrial expansion, employment and export competitiveness. It can also help India build globally competitive SMEs to anchor value chains, drive innovation and contribute meaningfully to the Viksit Bharat goal.
