Impact assessment report on Trade Receivables Discounting System
Discover how TReDS is transforming India’s MSMEs with faster payments and financial freedom.
This impact assessment, led by researchers from IIM Bangalore and Ahmedabad University, evaluates the transformative role of the Trade Receivables Discounting System (TReDS) in easing working capital constraints for India’s Micro, Small, and Medium Enterprises (MSMEs).
Using data from RXIL, enterprise filings, and stakeholder interviews, the study finds that MSMEs on the platform experience faster payments, improved credit access, and higher growth in sales, assets, and productivity.
Key findings include:
- 23% reduction in MSME receivables cycle
- 8% increase in sales post-TReDS adoption
- Major gains in financially underdeveloped states
- Expanding inclusion of women-led enterprises
Click here to download the complete report
