India's Trade Ministry Highlights Challenges for SMEs Amid Payment Delays

India's Trade Ministry has raised concerns regarding the difficulties faced by small and medium-sized enterprises (SMEs) in the country. According to Jin10, these businesses are struggling with delayed payments, tight operational capital, and limited ability to pass on rising costs. The ministry's report underscores the financial pressures that SMEs are experiencing, which could impact their overall sustainability and growth. The challenges are compounded by the current economic environment, which demands strategic adjustments from these enterprises to navigate effectively.