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Explore the critical role of Small and Medium Enterprises (SMEs) in driving profitable growth and creating job opportunities. Analyze the impact of indigenous firms and foreign direct investment (FDI) in today's competitive market. Understand the significance of nurturing new startups to foster innovation and growth, especially in the service sector. Delve into the challenges faced by SMEs, with only a small percentage of startups achieving substantial expansion. Discover strategies to support the growth of existing businesses and enhance their contribution to the economy.
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