Small businesses in India need to grow into Medium-sized firms.

Not absurdly large ones like economists claim that only add pressure.

Photo by Samson on Unsplash

When you are at the bottom looking up everything at the top can seem almost out of reach. Just like with all economies, the rich get richer and the lesser off become even less off, but only in comparison.

Small businesses are falling behind and are having more pressure than ever to keep up.

And it is such comparison that is not only the thief of all joy but small businesses’ profits and hopes for a better future. It is said that 20 conglomerates in India took home 80% of profits generated by the economy in 2022.

India's economic boom is obscuring pressures on smaller businesses

Which according to economists is double the percentage of the profit in just a decade ago. So it’s no wonder economists feel like out of the 100,000+ small businesses, many of them need to become large firms in the next decade in order for India to grow exponentially.

Medium-sized businesses…