High Time Indian Software Companies adapted an ‘Indian MSME Framework’ !
In this lock down period, there are quite a few thinkers talking loud about the problems faced by Indian MSMEs (Medium Small and Micro Enterprise). Indian MSMEs, specially the non-IT companies are a major employment provider for maximum of the working population, skilled, semi-skilled or otherwise. They are suffering the maximum hit and will continue to do so. On the other hand, companies in software sector, irrespective of the size or turnover, are facing the heat due to the broken global economies and apprehensions thereof. These two sectors, MSMEs and Software, can be the brothers in arms who never really thought of working together in the past. This article talks about how MSMEs can leverage inherent benefits of software like tailor-made ERP (Enterprise Resource Planning), LIMS (Laboratory Information Management System) to gain competitive advantage in the new world. MSMEs in the Corona time It is indeed now fashionable to denote everything with the name of this virus. But that...