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Can India’s MSMEs Scale? The Challenges Holding Them Back | The Fine Print | Ep 8

THE FINE PRINT··5 October 2026·30 min

About this episode

MSMEs are at the heart of India’s entrepreneurial and economic story. But for millions of enterprises, the journey from micro to small to medium—and eventually into global supply chains—is still filled with barriers.In this episode of The Fine Print, Anant Swarup, Secretary General, FICCI, speaks with Harjinder Kaur Talwar, Designate-President, CMSME, about what it will take for India’s MSMEsto move from survival to scale.The conversation explores: • Delayed payments and working capital pressures • Access to capital beyond traditional collateral-based lending • Technology adoption and productivity • Access to domestic and global markets • ESG readiness and global supply-chain requirements • Reducing compliance burdens • Cluster development and last-mile handholding • Creating greater opportunities for women entrepreneurs and young foundersThe conversation also looks at how government, large enterprises, industry bodies and MSMEs can worktogether to unlock the sector’s next phase of growth.“It’s time for MSMEs not to be afraid or scared, but to go out there and win.”Watch the full episode of The Fine Print by FICCI.