90% MSMEs confident about India’s economy in 2024, reveals NeoGrowth Study

Published on :   Dec / 20 / 2024

91% MSMEs expect their profits to increase in 2024 supported by government initiatives & a resilient economy
Over 40% MSMEs benefitted from Government Schemes in 2023, with Manufacturing and wholesale MSMEs being the top beneficiaries
82% MSMEs are planning to harness the power of online tools in 2024
Approx. 60% of MSMEs plan to open new stores and offer new products or services to their customers in 2024
44% MSMEs plan to hire more employees in 2024.

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