Reinventing Indian MSME Sector in 2020

Abstract

India is the world’s 3rd largest Startup base. In order to become number one in the world MSME sector requires a new charge to fuel entrepreneurship in the light of dynamically changing social, political, economic, cultural, financial and climatic environs. The present generation of emerging entrepreneurs follow a new trend in the way they handle intelligence, knowledge and information in order to take risks and taste independence. The style to follow in order to start a career as employer and not an employee in congruence of the sector’s need and the attitude of youth so that India becomes number one in the world is to become ICT enabled, use Artificial Intelligence, Augmented Reality, Virtual Reality, Glass Machining, Blockchain, 3D printing and the like technologies.