CHALLENGES FACED BY SMEs NOWADAYS IN INDIA AND THE SOLUTION?

Small and Medium Enterprises (SMEs) in India face a multitude of challenges, including limited access to finance, regulatory hurdles, and difficulties in scaling up.

Key Challenges Faced by SMEs in India

1. Limited Access to Finance

• Difficulty obtaining loans or credit due to lack of collateral or credit history.

• High interest rates from informal lending sources.

• Delays in payment from buyers (especially government and large corporates) affecting cash flow.

2. Lack of Technology Adoption

• Many SMEs still operate manually or with outdated technology.

• Limited digital literacy and awareness of e-commerce, automation, and cybersecurity tools.

3. Regulatory and Compliance Burden

• Complex tax regulations, GST filing, and compliance with labor and environmental laws can be overwhelming.

• Time-consuming documentation for exports and tenders.

4. Marketing and Market Access

• Limited budgets for advertising and branding.

• Difficulty in reaching wider or global markets due to lack of digital presence or export knowledge.

5. Skilled Workforce Shortage

• Difficulty attracting and retaining skilled professionals due to competition with large corporations.

• Inadequate training or upskilling for existing staff.

6. Infrastructure Constraints

• Poor logistics, power supply issues, and inadequate internet connectivity in semi-urban and rural areas.

• Inadequate warehousing and supply chain infrastructure.

7. Limited R&D and Innovation

• SMEs often lack resources for research and product development.

• Innovation is often restricted to short-term needs rather than long-term competitiveness.

8. Competition from Larger Enterprises

• Large corporations and global brands enjoy economies of scale and better bargaining power.

• SMEs struggle to compete on pricing, delivery time, and branding.

And the Solution for this will be: 

Finding the best and most actionable solution is to leverage the right B2B portals. These platforms can significantly boost visibility, lead generation, and sales without requiring heavy investment in traditional marketing or infrastructure.

The B2B portals like Indiamart, Tradeindia, Pepagora, Alibaba are the most trustable and offers the right solution for SMEs.

Yes, the Best B2B portals like Pepagora do help SMEs significantly—especially those looking to digitize their operations, gain market visibility, and connect with verified buyers or suppliers.

Visit here for more info: https://www.pepagora.com/