MSMEs in India employ approximately 26 crore individuals or nearly 44% of the total 58.2% Worker Population Ratio (WPR)1. However, despite the robust number, a significant portion remains under-skilled or entirely unskilled, often resulting in stagnating productivity, inefficient operations, and... View Article
India’s MSME credit landscape in 2025 has two contrasting sides. On one hand, the numbers suggest progress—commercial credit to MSMEs stood at ₹35.2 lakh crore as of March 2025, showing a 13% year-on-year growth. Loan defaults are now at their... View Article
Manufacturing MSMEs in India are burdened with over 1,450 compliance requirements across central, state, and local laws, incurring costs of up to ₹15 lakh annually[1]. These costs include the time, manpower, and legal resources needed to stay compliant. Compliance obligations... View Article
The Indian economy accommodates over 6.5 crore registered MSMEs. However, as of March 2024, approximately 3.9 crore MSMEs remained unregistered and operating informally. This gap has long-term consequences. Informal businesses are often excluded from subsidies, financial assistance, and critical growth... View Article
India is steadily charting its course toward becoming a fully developed nation by 2047. Central to this journey is the Viksit Bharat 2047 vision—an ambitious roadmap laid by the government aimed at driving economic, social, environmental, and technological transformation. And... View Article
[1] IBEF, Manufacturing Sector in India Industry Report February 2025 As part of this strategy, the government has launched several targeted initiatives, with the Production Linked Incentive (PLI) schemes playing a key role. Rolled out across 14 critical sectors, these... View Article
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