MSMEs in India have the potential to reshape the industrial footprint by embracing sustainability for long-term growth and competitiveness.
Globally, MSMEs are vital for economic development, job creation, and innovation, contributing significantly to the GDP.
The MSME sector in India has shown rapid growth but also increased environmental impact, calling for sustainable manufacturing practices.
Government initiatives like ZED Certification Scheme and ASPIRE support MSMEs in transitioning to greener operations, with the wooden pallet industry emerging as a key player in sustainable manufacturing.