Business
June 16, 2023
3 min

Indian MSMEs have tremendous potential in driving cross-border ... - YourStory

India's micro small and medium enterprises (MSMEs) could drive India's e-commerce industry, surpassing the US and becoming the second largest e-commerce industry in the world by 2034, according to a survey by logistics firm Shiprocket. MSMEs could enhance cross-border trade, opening up access to global markets and contributing to 40% of India's overall exports, according to the survey. Shiprocket serves more than 27,000 retailers generating a gross merchandise value of more than $3bn annually.

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Written by
Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry