IMT Hyderabad- CII study on Impact of Covid 19 on MSME

Institute of Management Development Technology Hyderabad, in association with the Confederation of Indian Industry (CII), published a report on The CoViD pandemic blues: What does it look like for SMEs? November 2021

 

About the Report

The Micro, Small & Medium Enterprises (MSME) sector contributes twenty-eight percent to the overall Gross Domestic Product (GDP) of the country, employs a hundred and ten million people, has a share of almost fifty percent of the total exports, thus helping us earn valuable foreign currency. Since the MSME sector is an essential contributor to the GDP, employment, and exports, it is vital to understand the impact of the CoViD pandemic on the MSMEs. Therefore, a study was conducted to investigate the impact of CoViD Pandemic on SMEs in Telangana and Andhra Pradesh. Specifically, to examine

•The pain points of SMEs during the crisis period, 

•The measures initiated by SMEs to survive during the crisis period, and

• The survival and growth strategies during the crisis period.

 

There is a special mention of How SeedWorks navigated through the pandemic in the report.

The complete report can be read from the mentioned link 

 

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