Invoice Bazaar Blog

Survey ranks Indian small businesses most innovative in APAC region

By Invoice Bazaar | May 7, 2022

A survey conducted by CPA Australia, one of the largest professional accounting organizations globally, has ranked India’s small businesses as the most innovative in the Asia-Pacific (APAC) region for the second consecutive year. As India has a robust domestic economy, these small businesses may emerge as one of the top performers in Asia-Pacific in 2022. For its annual APAC Small Business Survey, CPA Australia obtained views of 4,252 small business owners and senior managers from 11 Asia-Pacific markets. This year, India’s small businesses may be strong job creators, with 83% of respondents likely to increase employee numbers and 68% expecting their small business to grow this year. 

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