Afzal Malbarwala, MD, Galaxy Freight said, “MSMEs have the potential to drive India’s growth by using new technologies and creative ideas to improve their products and services. They can boost competition, increase exports, and create more job opportunities, which helps local economies grow. MSMEs also play a key role in encouraging people to start businesses and develop important skills. Overall, MSMEs contribute a lot to the country’s growth. They make up 30% of India’s GDP, provide jobs for 45% of the workforce, bring in a large number of export earnings, and promote development across different regions, making sure no area is left behind.”
Read More »‘Implement schemes to promote skill development, market assistance, tech integration for MSMEs’
Sunil Kohli, MD, Rahat Cargo said, “MSMEs are one of the driving forces propelling the Indian economy towards global greatness. It employs over two crore people, firmly establishing themselves as the bedrock of the economy. MSMEs are aided partly by supportive and reformatory government initiatives and technological innovations, this sector has grown exponentially, accounting for 46% of India’s total exports. This sector can further contribute to an overall growth of exports, the government should therefore further support and foster MSMEs to implement various schemes offering credit support, new enterprise development, formalisation, technological assistance, infrastructural development, skill development and training, and market assistance to MSMEs.”
Read More »‘MSMEs lack support, can contribute to sustainable growth’
Arun Kumar, President, AMTOI said, “In economies dominated by low and middle-income groups, MSMEs play a crucial role in driving growth. With the right support from the state, they can transform into powerful economic forces. Unfortunately, this sector often receives less support, lacking the necessary backing to realise its full potential and contribute to sustainable growth.”
Read More »‘Govt policies & infra development must be aligned with MSMEs growth’
Kamal Jain, Director, Cargomen Logistics said, “Viksit Bharat represents our collective aspiration for a developed India. According to the International Monetary Fund (IMF), developed nations are characterised by a high Human Development Index (HDI), which reflects factors such as high GDP/GNP, per capita income, access to quality education and a robust healthcare system. Achieving this vision requires inclusive economic development, driven not only by large industries but, more importantly, by the growth of Micro, Small, and Medium Enterprises (MSMEs). MSMEs play a crucial role in job creation, innovation, and economic resilience. Therefore, government policies and infrastructure development must be designed with a strong focus on supporting and empowering these enterprises, ensuring sustainable and equitable growth for all.”
Read More »‘MSMEs can enhance global competitiveness & productivity’
C K Govil, CMD, Activair Airfreight said, “MSMEs can drive Viksit Bharat by fostering innovation, generating employment and boosting exports. With digital adoption, financial inclusion, and government support, they can enhance productivity and global competitiveness. Their contribution to manufacturing, services, and rural development will strengthen GDP, ensure balanced regional growth, and create a self-reliant economy, making them the true growth engine of India’s future.”
Read More »‘Strengthen MSMEs through digitalisation, financial support & global access’
Vipin Vohra, Chairman, Continental Carriers said, “MSMEs are the backbone of India’s economy and will be pivotal in realising Viksit Bharat. By fostering innovation, generating employment and enhancing exports, they drive inclusive growth. Strengthening MSMEs through digitalisation, financial support and global market access will accelerate industrial expansion, boost GDP and position India as a global manufacturing and services hub.”
Read More »‘AI, IoT, blockchain boosts visibility, decision-making, transparency & security’
Vipin Vohra, Chairman, Continental Carriers said, “We emphasise proactive risk assessment, scenario planning, and diversification of supply routes to ensure continuity. Strategic partnerships, robust compliance frameworks, and leveraging technology for real-time monitoring enhance adaptability to disruptions. By integrating contingency planning and fostering resilience, we safeguard the seamless flow of goods, ensuring our clients’ supply chains remain agile and competitive in an increasingly volatile geopolitical landscape. Major supply chain disruptors include geopolitical tensions, trade wars, natural disasters, pandemics, cyberattacks, and fluctuating trade policies. Technological advancements like AI, IoT, and blockchain play a transformative role in countering these disruptions. Real-time tracking ensures visibility, predictive analytics enables proactive decision-making, and blockchain enhances transparency and security. Automation and digital twins optimize operations and simulate scenarios to mitigate risks. These innovations empower businesses to build resilient, agile supply chains capable of navigating uncertainties effectively.”
Read More »‘Predictive planning, scenario simulations, automation must to build flexibility’
Kunal Maheshwari, Chief Growth Officer, Softlink Global said, “Risk management strategies are more critical now as they enable businesses to minimise disruption and maintain resilience in the face of geopolitical risks. These strategies ensure companies can quickly pivot by identifying alternative suppliers, adjusting routes, or leveraging free trade agreements to avoid bottlenecks. In practice, it’s about combining proactive planning with real-time decision-making. Tools like Logi-Sys provide a ‘captain’s view’ of operations, empowering businesses with real-time visibility and data-driven insights to anticipate risks and take swift operational action in the face of external challenges. Port congestion, labour strikes, and shifting regulations are major disruptors, often causing delays, inflated costs, and operational bottlenecks. Effective management goes beyond real-time monitoring — it includes predictive planning, scenario simulations, and diversifying suppliers to build flexibility. Businesses must also invest in automated workflows to reduce manual errors and streamline decision-making during disruptions. Tools like Logi-Sys integrate much of these capabilities, providing end-to-end visibility and enabling companies to always stay agile and operational.”
Read More »‘Diversification of suppliers, nearshoring, & leveraging multi-modal logistics can reduce dependency on high-risk regions’
Arun Chandra, Vice President – Aviation Business, BIAL said, “Risk management strategies are vital in mitigating the impact of geopolitical risks on global supply chains. The methods include diversification of suppliers, nearshoring, and leveraging multi-modal logistics to reduce dependency on high-risk regions. Additionally, scenario planning and predictive analytics help organisations anticipate disruptions and respond swiftly. A robust risk management framework ensures that the supply chain is resilient, minimizes delays, and protects profitability in volatile geopolitical climates. At BLR Airport, our initiatives focus on robust partnerships and leveraging advanced technologies, ensuring adaptability and operational stability amidst geopolitical uncertainties. Major supply chain disruptors include: Natural disasters Geopolitical tensions Labor shortages Cyberattacks Demand-supply mismatches”
Read More »‘Prioritise risk assessment, scenario planning to build resilience’
Ronak Shah, Executive Director –V-Trans (India) & CEO of V-Logis said, “Risk management strategies play a critical role in addressing geopolitical risks that threaten global supply chains. Trade restrictions, political instability, and regulatory shifts can significantly disrupt operations. We prioritise comprehensive risk assessment, scenario planning, and diversification of sourcing to build supply chain resilience. By leveraging predictive analytics and fostering close collaboration with stakeholders, we proactively navigate challenges to ensure operational continuity. A strong risk management framework transforms uncertainties into opportunities, helping us maintain seamless service and customer satisfaction. Major disruptors include geopolitical tensions, fluctuating fuel prices, and environmental regulations. Technological advancements are key to mitigating these challenges.”
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