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MSMEs should build a business that fits for the future: Expert

New Delhi, Nov 15 (KNN) MSMEs should build a business that fits for the future, Saskia Loer Hansen, Pro-Vice-Chancellor (International), Aston University told KNN India at an event ‘India and Sustainability Standards’.

“Growing in sustainable manner is necessary, so that you can be proud about what you are handing over to future generation,” she added.

She said, “Key challenge for MSMEs is the bottom line, where often shortcuts are used which straddles the short term requirements of running a start-up in a long term perspective.”

We work every day with MSME to grow and survive, Saskia said. So it is absolutely critical that there is collaboration between government, universities, companies, chamber of commerce, etc.

MSMEs should engage in collaboration and partnership. It is the core of sharing knowledge knowledge she mentioned.