365Telugu.com online news, February 3rd,2025: In response to the recent Union Budget 2025, Prakash Sankaran, Managing Director and CEO of Invoicemart, emphasized the potential of the revised MSME definition and the government’s November 2024 notification mandating the onboarding of entities with a turnover above Rs 250 crores.
He stated, “This combined effort will streamline cash flow management for MSMEs, providing them with the tools needed to scale their operations effectively.

The move is expected to foster broader participation from over 7,000 entities with turnovers ranging from Rs 250 to 500 crores, enabling them to benefit from improved financial practices and enhance their growth prospects.”
Sankaran further highlighted how these changes will empower MSMEs to reach new heights in an increasingly competitive marketplace.