An SME, or Small and Medium-sized Enterprise, is a type of business that falls within a certain size range based on employee count, annual revenue, or capital investment. SMEs play a critical role in almost every economy, especially in developing countries like India, where they are considered the backbone of innovation, employment, and local manufacturing.
What qualifies as an SME?
The exact definition may vary by country, but generally:
Small Enterprises:
Employees: Less than 50
Annual turnover: Up to 8377.50 crore
Investment: Up to 8377.10 crore
Employees: Between 50 and 250
Annual turnover: Up to 250 crore
Investment: Up to 50 crore
Why are SMEs important?
They contribute significantly to GDP and exports.
They generate local employment.
They drive innovation and supply chain resilience.
Challenges SMEs face
Limited access to global markets
Struggles with financing and visibility
Difficulty in adopting digital tools
How Platforms Like Pepagora Help SMEs
SMEs often don't have the budget for big marketing campaigns or international trade shows. Platforms like Pepagora provide a level playing field by:
Offering a digital storefront
Connecting them with verified global buyers
Helping them manage inquiries, listings, and leads
Giving them category-focused visibility in sectors like textiles, machinery, and electronics
In simple terms, an SME is a small or mid-sized business but its impact is anything but small. These enterprises drive economic growth and local livelihoods, and with the right tools and platforms, they can thrive globally too.
If you're an SME looking to expand your visibility or connect with international buyers, join Pepagora today and take your business beyond borders
