Global SMEs Lack Disaster Preparedness; Indian Firms Highly Exposed
3 hours agoBusiness
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1 SourcesIndian subcontinent, India
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Global SMEs Lack Disaster Preparedness; Indian Firms Highly Exposed

A recent study indicates that only one-third of global small and medium-sized enterprises (SMEs) are prepared for disasters, with Indian firms identified as highly exposed. Experts attribute this vulnerability in the Indian subcontinent to its geography, making it prone to earthquakes, cyclones, and floods due to tectonic plate collisions and monsoon-dependent climate.

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