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MSMEs should not aspire to remain small forever, says Elgi Equipments chief
Micro, small and medium enterprises (MSMEs) should not aspire to remain small forever. Once they achieve stable profitability, they must shift their focus from merely making money to building larger, purpose-driven enterprises, said Jairam Varadaraj, Managing Director of Elgi Equipments
Raccontata da
thehindubusinessline.com
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MSMEs should not aspire to remain small forever, says Elgi Equipments chief
Micro, small and medium enterprises (MSMEs) should not aspire to remain small forever. Once they achieve stable profitability, they must shift their focus from merely making money…
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‘MSMEs must break out of the small comfort zone and grow’
MSMEs should evolve from small enterprises to purpose-driven growth, focusing on innovation and governance for sustainable success.