Connectivity, in the form of high-quality roads, has the potential to catalyse small firms’ growth and spur job creation across different economic geographies, says a new study by the IDFC Institute.
Lack of roads or their poor quality is a stumbling block for over 70% firms across all size classes while paucity of electricity is a problem for more than 50% firms that hire more than 100 employees. The number of firms stating that water supply is a problem is similar across all size classes while around 21% firms, belonging to the highest-size class, report railways to be a problem.