Exploring the relationships among fintech, financial inclusion, and the growth and development of manufacturing small and medium enterprises in India by employing a quantitative approach and utilising partial least squares–structural equation modelling, the data from 366 manufacturing SME owners in India were analysed. The findings reveal that fintech significantly enhances financial inclusion, which, in turn, supports the growth and development of SMEs.
The authors would like to thank the editor and reviewers for taking the time and effort necessary to review the manuscript. They sincerely appreciate all valuable comments and suggestions. which helped them improve the quality of the manuscript.
Small and medium enterprises (SMEs) play a pivotal role in the economic landscape of many countries, including India. They are crucial drivers of economic growth, innovation, and employment (Agyei 2018). Despite their importance, SMEs often face significant challenges, particularly in accessing financial resources and integrating advanced technologies into their operations (Beck and Demirguc-Kunt 2006). In India, where a substantial portion of the population is involved in SMEs, addressing these challenges is essential for fostering sustainable economic development. Therefore, understanding the dynamics of SMEs and their operational environment becomes imperative (Prêtet and Klang 2019; Sahu et al 2021).
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