Hyderabad: Even as Telangana govt gears up to unveil its first ever MSME policy, RBI-licenced trade receivables discounting platform (TReDS) M1xchange is eyeing Rs 72,000 crore in throughput value by March 2025 as against Rs 43,300 in FY24.
Stating that Telangana has around one million MSMEs registered on Centre’s Udyam portal with Hyderabad contributing 18%, M1xchange chief business officer Roy Mathew Kurian said the platform has reached 50% of FY24’s throughput value in Hyderabad in the first quarter of FY25.