4 min read.Updated: 26 Aug 2020, 08:14 PM ISTGautam Kumra,Anu Madgavkar
It will take reforms to catalyse the emergence and growth of mid-sized firms that have a vital role to play in India’s economy
Outperforming emerging economies have one thing in common: a vibrant set of large companies, defined as those with revenues exceeding $500 million, that have expanded faster in scale and scope than those in slower-growth emerging economies. Such companies contribute to economic dynamism in many ways. They tend to be active exporters, play an important role in boosting wages, and spark innovation.
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