IJMRR - International Journal of Multidisciplinary Research & Reviews
Int. J. Multidiscip. Res. Rev.
DOI Prefix: 10.56815
I J M R R
Int. J. Multidiscip. Res. Rev.

International Journal of Multidisciplinary Research & Reviews

Peer Reviewed | UGC Compliant | High Impact Factor | Scientific Journal

ISSN: 2945-3135 | High Scientific Impact | UGC-CARE Followed
IJMRR - International Journal of Multidisciplinary Research & Reviews

International Journal of Multidisciplinary Research & Reviews

DOI DOI Prefix: 10.56815
Vol. 5 (2026) No. 4: April (2026)

Need of Proper Data Analysis in a MSME for Sustainable Development

Hema Singhal

Data analytics is a vital component of every high-quality research procedure. Data analytics focuses on data tabulation, data use, and data interpretation for the purpose of making predictions. Data analytics tools facilitate research by allowing for the extraction of actionable insights from company data. The goal of data analytics is to help people make better choices by cleaning, analyzing, interpreting, and visualizing data. The use of data analytics is crucial to the growth and success of micro, small, and medium-sized enterprises (MSME's). Micro, small, and medium-sized businesses (MSMBs) play an important role in India's economy. They help to create jobs, have lower startup costs than large companies, and support the growth of industries in economically disadvantaged areas. MSMBs also promise to reduce regional inequality and make the country's income and wealth more evenly distributed. Micro, small, and medium-sized businesses (MSMBs) may prove to be an economic windfall for India in the years to come, according to studies. A potent instrument for harnessing India's natural riches, micro, small, and medium-sized businesses (MSMBs) also deliver steady social progress. Especially when established in economically depressed areas, MSMEs may help level the playing field.

Keywords:
Data Analytics Msmes Sustainable Development Decision-Making Economic Growth Resource Optimization India