- KredX Editorial Team
- 27 Jan 21
- business

The SME sector has been an engine of growth for the Indian economy for years. In 2020, small and medium enterprises remained one of the key drivers behind economic growth, contributing 40% to exports and 45% of the total manufacturing output.
However, these entities call for sufficient funding regularly to stay operational and afloat in today's competitive market. Unfortunately, SMEs face a glaring lack of finance despite the continuous and proactive efforts of the government.
But why does this disparity exist?
Read on to find out.