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RAS History & PhilologyАзия и Африка сегодня Asia and Africa Today

  • ISSN (Print) 0321-5075
  • ISSN (Online) 2782-2389

Government Support for the Digital Transformation of SMEs in India

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PII
S0321507525020065-1
DOI
10.31857/S0321507525020065
Publication type
Article
Status
Published
Authors
Sergei Shaposhnikov
  • Occupation: PhD (Economics), Associate Professor, Graduate School of Business
  • Affiliation: HSE University
Yuri Sadoi
  • Occupation: Master-PhD Student, double track, Graduate School of Business
  • Affiliation: HSE University
Abstract
The digital transformation of SMEs (small and medium enterprises) in India is crucial for boosting competitiveness, operational efficiency, and economic contribution. Also, it helps to address unemployment, regional disparities, and promotes sustainable growth of companies. However, SMEs face challenges like financial constraints, lack of digital skills, resistance to change, inadequate infrastructure, and cybersecurity issues. For example, over 70% struggle with funding, only 27% have trained personnel, and 35% face internet connectivity issues. This study explores the impact of government initiatives like Digital India, CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises), Digital MSME Scheme, and the National Digital Literacy Mission in overcoming these barriers. These efforts have significantly increased broadband access and provided collateral-free credit to mlns of SMEs. Continuous enhancement of such programs is vital for driving sustainable economic growth in India.
Keywords
Индия малые и средние предприятия цифровая трансформация барьеры цифровой трансформации роль правительства в цифровой трансформации
Date of publication
18.09.2025
Year of publication
2025
Number of purchasers
0
Views
20

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