Page 9 - EDII Report 127

“Digital transformation has “Digital transformation is not only
become imperative for MSMEs to about adopting new technology
stay competitive and thrive in but it is more about leveraging the
today's rapidly evolving business technology. And, this requires a
landscape. MSMEs have to step mindset change. Digitalization is
up and rise to the occasion to grab there to stay and evolve, so
the advantages arising out of the M S M E s h a v e t o g e a r u p
accordingly. In India, MSMEs
digital revolution. A global
contribute close to 30% of the
consumer base, expanded
GDP and if India has to become a 5
m a r ket s a n d st re a m l i n e d
trillion economy, MSMEs will have
operations are just a click away
to grow and make themselves
now.”
50% contributors to GDP.”
- Shri Shailesh Patwari
- Dr Jaimin Vasa, Chairman &
Advisor SME Board, New Delhi
MD, Vasa Pharmachem Pvt Ltd

“Digitization has unfolded huge "Training the workforce on new
o p p o r t u n i t i e s . G e M , t h e technologies is an essential to
Government e Marketplace is a empower MSMEs. The rapid pace
potent platform can MSMEs can of digital evolution demands that
benefit from. It is high time that MSMEs continuously upskill their
MSMEs start thinking big and in resources to stay competitive.
line with the global audiences. Digitalization programmes could
They need to focus on creating be more inclusive and accessible to
dynamic websites, ensure their e- support the growth target that
commerce presence and keep India has set before itself. MSMEs
themselves updated even on must start leading innovation and
social media platforms.” thus enhanced efficiency on all
- Shri Pradeep Ojha, Joint fronts."
Director, MSME Development - Shri Yaman Saluja
Facilita on Office (DFO) Co-founder - Naapbooks Ltd.

“MSMEs are the life-blood of any economy. I am glad that EDII has always
prioritized the sector through various time-relevant activities. Several
government initiatives are also ensuring that the MSME sector harnesses its
potential to unravel emerging opportunities. Digital transformations have
ushered in a sea change in the world of MSMEs. There is infinite potential for
MSMEs in terms of capturing new markets and customer segments.”
- Dr. Sunil Shukla, Director General, EDII

This event underscored the critical role of digital transformation and innovation
in empowering MSMEs, driving growth, and building a resilient future.

9