Why India’s MSMEs Are Struggling While China’s 'Little Giants' Thrive

India’s 63 million small businesses are struggling, despite bold reforms and fiscal measures.

While India wrestles with mounting challenges, China’s “Little Giants” — 14,600 innovative SMEs — are thriving in high-tech sectors like AI and aerospace.

So, why do Indian MSMEs falter while Chinese ones accelerate?

My colleague Amit dives deep to find where the answer lies—in China’s strategic approach to SMEs—from rigorous government support to a pyramid system of industrial excellence.

Read Amit Mishra's detailed analysis on 'How Chinese 'Little Giants' Made It, And Lessons For India's MSME Sector'.