July 26

Report: 78% Of India’s Handmade MSMEs Struggle to Access Working Capital, Hindering Cultural Economy Growth

About 78 percent of India’s handmade and craft-based MSMEs (HCMs) struggle to access working capital for their daily operations, said the report “Financing a Handmade Revolution: How Catalytic Capital Can Jumpstart India’s Cultural Economy” by the ecosystem enabler for artisans, 200 Million Artisans.

Photo courtesy of Koshy Koshy.

Source: Financial Express (link opens in a new window)

Finance, Technology
creative economy, financial inclusion, MSMEs