Role of artificial intelligence in micro small and medium enterprises

The foundation of the Indian Economy, Micro, Small and Medium-sized Enterprises (MSMEs), play a major role in industrial production, employment creation, and regional development.Artificial Intelligence is transforming marketing strategies for companies of all sizes with the emergence of digital transformation and new technologies.This study examines the way in which AI enables MSMEs to improve customer engagement tailor marketing tactics, streamline processes and make informed decisions.MSMEs are using technology from chatbots driven by AI to automation tools and predictive analytics to increase overall efficiency lower operating costs, and remain competitive.The report also emphasises a number of government programs that are crucial in promoting AI use in MSME industries including Digital India and the MSME champions schemes.

Authors

Publication Details

Journal
Wisdom Management Journal
Published
2025-04-01
DOI
https://doi.org/10.64848/wmj.1.1.2025.34-39
Primary Topic
Banking Sector Performance and Management
Type
article
Field-Weighted Citation Impact
0.00
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article

Role of artificial intelligence in micro small and medium enterprises

G. Lakshmi, R. Sujitha
Wisdom Management Journal
Banking Sector Performance and Management
article

Role of artificial intelligence in micro small and medium enterprises

G. Lakshmi, R. Sujitha
article en

Abstract

The foundation of the Indian Economy, Micro, Small and Medium-sized Enterprises (MSMEs), play a major role in industrial production, employment creation, and regional development.Artificial Intelligence is transforming marketing strategies for companies of all sizes with the emergence of digital transformation and new technologies.This study examines the way in which AI enables MSMEs to improve customer engagement tailor marketing tactics, streamline processes and make informed decisions.MSMEs are using technology from chatbots driven by AI to automation tools and predictive analytics to increase overall efficiency lower operating costs, and remain competitive.The report also emphasises a number of government programs that are crucial in promoting AI use in MSME industries including Digital India and the MSME champions schemes.

Wisdom Management JournalVol. 1(1)
Openalex Percentile: Top 64%
Banking Sector Performance and Management
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