KPMG’s Sunit Sinha explains why skills alone cannot close India’s MSME productivity gap and what it takes to convert capability into measurable output.
India’s micro, small and medium enterprises (MSMEs) employ tens of millions and contribute substantially to economic output. Yet a persistent paradox remains: the sector generates jobs at scale but struggles to translate labour into productivity.
The reasons, according to Sunit Sinha, Partner and Head, Human Capital Advisory Solutions at KPMG in India, go far beyond training gaps. In an interview discussing the findings of a recent KPMG–CII study on the future of MSME talent, Sinha says that skills alone cannot solve the productivity challenge unless they are embedded into disciplined systems of work, technology adoption, and operational scale. The findings reflect a structural tension at the heart of India’s growth model: a large and vibrant enterprise base operating with limited formal capability infrastructure.
Read more at: https://www.peoplematters.in/article/leadership/why-indias-msmes-struggle-to-turn-skills-into-productivity-kpmg-answers-48707
