NDTV·3 min read·medium
Why It Costs More To Start A Business In India Than In China, Vietnam
✦AI Summary
The article examines the economic challenges and higher costs associated with starting a business in India compared to competitors like China and Vietnam. It notes that while India has a massive MSME sector, only a small percentage of these businesses engage in exports.
India has roughly 6.4 crore MSMEs, but only a tiny fraction exports, despite the sector contributing nearly 45 percent of the country's exports.
businesseconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in