CPA Australia: One-third of Indian small businesses turn to technology to combat COVID-19

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Media Outreach
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  • Indian small businesses are more confident than their Asia-Pacific counterparts.
  • Investment in technology helped combat the impact of COVID-19 and increase profitability.
  • Nearly two-thirds of Indian small businesses grew in 2020 and most expect to grow this year.
  • Indian small businesses were most likely to seek external finance in 2021.

NEW DELHI, INDIA – Media OutReach – 22 April 2021 – Nearly two-thirds of Indian small businesses experienced growth in 2020 through technology investment and adoption. They maintain a confidant outlook despite the impact of COVID-19, according to CPA Australia‘s 2020-21 Asia-Pacific Small Business Survey.