1. The document discusses opportunities and challenges facing MSMEs in India. It provides an overview of the Indian MSME sector, including key statistics. 2. Major challenges include access to financing, infrastructure issues, and lack of access to modern technology and skills. The government has implemented various policies and schemes to promote competitiveness of MSMEs in areas like technology, skills development, and access to finance. 3. The National Manufacturing Competitiveness Program aims to enhance the MSME sector through 10 component schemes related to areas like quality, marketing, intellectual property rights, and technology upgrades. The Task Force on MSMEs also recommended actions on issues like credit, marketing, labor and infrastructure/technology.