India's SMEs still to gain from new government

New Delhi

WHILE Narendra Modi may be the toast of India's titans of industry, bosses of the army of small and medium-sized businesses (SMEs) are beginning to grow impatient for change a year into his premiership.

With the economy now outpacing even China, Mr Modi has won big-name plaudits for transforming the climate with a series of reforms and pledges that have burnished his business-friendly credentials.