Building on the report, “Building MSME resilience in Southeast Asia”, which focused on Malaysia and Thailand, this joint UNDP-Generali  report presents a comparative analysis of the MSME landscapes in South and Southeast Asia and demonstrates the replicability of a value chain approach for developing more tailored risk solutions for MSMEs in South Asia, with a focus on India. This value chain approach offers a structured alternative that can strengthen both commercial viability and developmental impact.