Challenges Faced by Women-Owned MSMEs in India

India's women-owned MSMEs face hurdles in 2024, with funding gaps and limited access to resources hindering over 13 million businesses

Despite government schemes, 73% of women entrepreneurs report difficulties in obtaining financing, affecting growth and stability

Market access remains tough; many MSMEs struggle to penetrate urban markets, with 60% of rural MSMEs citing low visibility as a major issue

Tech adoption is slow among women-owned MSMEs; only 22% use digital platforms for business, limiting scale and competitive edge

Policies like the MUDRA scheme have aided some, but further targeted support is needed to empower women entrepreneurs in 2024