Tag: IT enabled services (ITeS)

Growth of MSMEs in IT/ITeS constrained by lack of funds

Micro, Small and Medium Enterprises operating in the information technology (IT)/IT enabled services (ITeS) space tend to find growth constrained, mainly due to lack of capital. An analysis of 4,000 CRISIL-rated MSMEs shows that those focused on IT/ITeS grew by 12 per cent per annum between FY13 …