India launches initiatives to boost MSMEs through digital transformation and regulatory support.

Niti Aayog, India's government think-tank, is launching initiatives to support Micro, Small, and Medium Enterprises (MSMEs) by addressing their regulatory challenges and promoting digital transformation. The Dx-EDGE platform aims to empower these businesses with digital tools and knowledge to enhance their competitiveness. MSMEs are crucial for India's economic growth, but they face significant hurdles in technology, workforce skills, and quality certifications. The initiative underscores the importance of digital adoption and skill development for India's progress towards becoming a developed nation.