L&T-SuFin: B2B e-commerce is growth driver for MSMEs

As India strives to become a $5 trillion economy, there is an urgent need to digitalize supply chains in order to improve Indian industries’ overall global competitiveness. Simultaneously, the role of e-commerce in the B2B segment has created new opportunities for the country’s small businesses to grow and expand. However, several obstacles, such as a lack of capital, impede the smooth transformation of MSMEs.

Bhadresh Pathak, Business Head at L&T-SuFin, speaks about how L&T-SuFin, a B2B e-commerce portal, is resolving some of the challenges and assisting MSMEs in their growth.