Despite government initiatives, lack of awareness hinders MSMEs’ access to financing

Despite government initiatives, lack of awareness hinders MSMEs’ access to financing

Micro, small and medium companies (MSMEs) face challenges that are dichotomous. Working capital at competitive rates is hard to come by, and where available, poor awareness and reluctance to connect with multiple stakeholders prevent engagement.

This came to the fore at a discussion on Financing in Times of War, moderated by The Hindu businessline’s Data Editor Lokeshwarri S K. Panellists included Karthikeyan Mounaguruswamy, Immediate Past President, CODISSIA; Kumar Duraiswamy, CEO, Eastern Global Clothing and Joint Secretary, Tirupur Exporters’ Association; and Rahul Jyothi Kumaran, Head of SME Business, Sundaram Finance.

Published on June 29, 2026

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