BIGrowtec
BIGROWTEC
CONSULTING PVT LTD
"The MSME scaling experts"
![](https://static.wixstatic.com/media/82fcd3_a45d22b208004b929e345048cd388ea4~mv2_d_5667_3778_s_4_2.jpg/v1/fill/w_511,h_341,al_c,q_80,usm_0.66_1.00_0.01,enc_auto/82fcd3_a45d22b208004b929e345048cd388ea4~mv2_d_5667_3778_s_4_2.jpg)
Industries
The Indian MSME sector is the "backbone of the Indian economy" and has been at the center of attention for a long time now.
The importance of
Indian MSME sector
Because this sector itself contributes more than 40% of employment, contributes to approximately 50 percent of overall exports from the country, engine to improve the living standard of the population, important role in buffering India from global economic shocks and adversities, most dynamic and vital factor of progress in contemporary society, and 30% GDP of India.
The SME sector and its strategic and technological upgradation have a very vital role in fueling the economic growth of the country focus on them more now as India aspires to be a $5-trillion economy soon. The Indian MSME sector is the key element for India to become an economic powerhouse.
This is a very exciting time for the Indian MSME sector. However, despite over 70 million micro units, 0.33 million (3,30,000) small industries, and 10000+ medium industries across the country, MSME businesses in India are yet to prove their mettle globally. Sensing this gap between opportunity & reward, the Indian Government cluster development programs (MSE-CDP) is working for micro and small enterprises to enhance productivity, competitiveness & efficiency. MSMEs have to do their bit as well. In all fairness, the majority of the Indian MSMEs have still not fully leveraged technology in their business operations. This is one critical aspect that is keeping them away from getting national and international clients. Yes, SME automation is key to the growth of India.
SMEs
in India and developed countries.
First of all, In advanced countries, SMEs can grow faster than large companies by adopting the proven technologies and practices of larger enterprises. Second, start-ups, which are a critical subsegment of SMEs, have become important sources of innovation. Because they are unhindered by legacy systems and outdated strategies, new market entrants are often able to rethink established practices and cut through traditional industry boundaries. So, they can reach internationally and compete with. But,
The experts agree that Indian MSMEs lack quality, consistency, efficiency, standardization, and pricing, and mainly do not gain access to new technology and automation. Therefore, SMEs often end up with inefficient supply chain management which leads to business losses.
Since the turn of the new millennium and the 4th industrial revolution, the business landscape in India has undergone a major change, and one of the key drivers of that change is technology- and digitization. We wait for big digitization in the Indian SME sector- and see India as a powerhouse in the world. Improving the productivity and efficiency of Indian SMEs is, therefore, a worthwhile endeavor.
![](https://static.wixstatic.com/media/a3c153_3592f141741849e8b2cb99afa8e3a412~mv2.jpg/v1/fill/w_507,h_362,al_c,q_80,usm_0.66_1.00_0.01,enc_auto/a3c153_3592f141741849e8b2cb99afa8e3a412~mv2.jpg)
![SME 4.0 technology and business consulting services in India.png](https://static.wixstatic.com/media/36037e_1043c829bbda4e74a526a951c6dfdb28~mv2.png/v1/fill/w_361,h_372,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/36037e_1043c829bbda4e74a526a951c6dfdb28~mv2.png)
At BIGrowtec
we offer a-z growth strategies, consulting, and technology services for MSMEs of the following sectors- for a smooth transition to SME 4.0.