MSMEs need to focus on quality, cost to gain from new FTAs: Secy

India's MSMEs are being advised to focus on improving the quality and cost of their products in order to take full advantage of the country's expanding network of free trade agreements. This is according to the Secretary of the MSME ministry, who emphasizes that better quality and lower costs are essential for MSMEs to access new markets and opportunities. By doing so, MSMEs can increase their exports and contribute to India's economic growth.

Why it matters

India's free trade agreements create new opportunities for MSMEs to grow. Improved quality and cost will help them gain from these agreements.

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