Most digitally adept MSME retail owners between 18-30 yrs of age: Report

Over 71 per cent of Micro, Small, and Medium Enterprises (MSMEs) in retail are now using some form of digital technology in their daily businesses, highlighted a new report.

The report by PayNearby, which is branchless banking and network, says that the MSME sector is witnessing growth. There has also been a positive change in the mindsets of small business owners in regard to the adoption of technology.

The report which was released on Thursday, to mark National Technology Day showed that more than 80 per cent of MSMEs admitted that the adoption of digital technology has had a positive impact on their businesses and personal lives.