In a survey conducted across Indian MSMEs without online presence, it was found that more than 50 percent considered high competition, and 30 percent considered overhead costs as their key challenges. Visibility, seasonal trends and limited access to market tools were some of the other hurdles faced by these businesses.
Challenges faced by offline MSMEs in India as of 2024
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Redseer. (January 31, 2024). Challenges faced by offline MSMEs in India as of 2024 [Graph]. In Statista. Retrieved September 16, 2024, from https://www.statista.com/statistics/1483330/india-challenges-faced-by-offline-msmes/
Redseer. "Challenges faced by offline MSMEs in India as of 2024." Chart. January 31, 2024. Statista. Accessed September 16, 2024. https://www.statista.com/statistics/1483330/india-challenges-faced-by-offline-msmes/
Redseer. (2024). Challenges faced by offline MSMEs in India as of 2024. Statista. Statista Inc.. Accessed: September 16, 2024. https://www.statista.com/statistics/1483330/india-challenges-faced-by-offline-msmes/
Redseer. "Challenges Faced by Offline Msmes in India as of 2024." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1483330/india-challenges-faced-by-offline-msmes/
Redseer, Challenges faced by offline MSMEs in India as of 2024 Statista, https://www.statista.com/statistics/1483330/india-challenges-faced-by-offline-msmes/ (last visited September 16, 2024)
Challenges faced by offline MSMEs in India as of 2024 [Graph], Redseer, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1483330/india-challenges-faced-by-offline-msmes/