HOW IS INDIAN SMALL SCALE INDUSTRY ADOPTING TECHNOLOGY

HOW IS INDIAN SMALL SCALE INDUSTRY ADOPTING TECHNOLOGY

There is no denying the fact that technology has brought in a dynamic and disruptive effect on all realms of the industry. And it is the MSME (medium and small-scale industries) that have been most affected as adequate computer literacy skills, adequate skilled manpower, and a formal learning atmosphere have always been a challenge for this sector.

45% of India’s GDP is made up by SME’s and around 46 crore people are engaged in it. Thus, the acclimatization of technology in the SME sector is critical. This is best done by technology knowledge transfer; a process through which technology and its management skills are taught by experts to specific individuals in the organization who is in charge.

The government’s initiatives like Skill India and Digital India are good examples. Taking the brick and mortar business online, creating safe and sustainable payment pathways online and upgrading technology are just some critical steps that will help SME’s reach their technological competence goals.

One enterprise which has been working with a zeal for aligning the SME sector with modern technological demands is mindnotix.  Right from taxi mobility apps to healthcare management apps Mindnotix has its own inventive range of products that can reward the user with convenience and time management so that more free time is available for taking care of business goals. Mindnotix supervises money transfer through e channels, biometric authentication processes, and secure banking protocols so that small businesses are benefited immensely.   It also maps transport processes like automation, easy tracking, flexible delivery, and integrated delivery management. SME technology adaption and Mindnotix go hand in hand!!