India is among the top five countries in the world known for startups. India owns tremendous growth in the creation of innovative startups and has become the third hub for the latest technology startups in the world.
Micro, Small and Medium Enterprises are the backbone of the nation, and the COVID-19 pandemic has hit their reserves and led to an economic downfall for these small businesses, alongside the economic stress seen in the entirety of the country. Helping MSMEs sail through these challenging times is essential for the growth and sustainability of the country’s economy.
The Domino effect has already started creating a decline ripple on many business sectors, with the COVID 19 outbreak,this period of quarantine and operation of business’s being accessible from home, can require the decision maker’s of Start-up’s & MSME’s to be more innovative, appreciative and optimistic in their approach with their employees and self.