Skills, financial support, AI access key challenges for tech MSMEs: Nasscom

Skill development, financial support, and access to AI tech are the key challenges for Indian Micro, Small and Medium Enterprises (MSMEs) as they look at adopting AI, said a joint study by Nasscom and Meta released on Thursday.

According to the study, around 94 per cent of tech MSMEs acknowledged AI’s ability to drive business growth, and 87 per cent showed confidence in AI’s potential to improve overall productivity in their enterprises.