• overview
  • strengths
  • policies
  • agencies

The MSME Ministry heads five statutory bodies—KVIC, Coir Board, NSIC, NI-MSME and the MGIRI

11.26 million

Orders placed on the GeM portal as of September 2022

US$ 9.15 billion

loan amount disbursed under the Pradhan Mantri MUDRA Yojana (PMMY) scheme

US$ 2.14 billion

Budget allocation for MSMEs in FY22

US$ 39.90 billion

valuation of loans sanctioned under the PMMY scheme

SAMBHAV

a national-level awareness programme to push economic growth by promoting entrepreneurship and domestic manufacturing

India Export Initiative

will help exports reach its US$ 400 billion target by the end of FY22

Factoring Regulation (Amendment)

introduced to expedite the payments ecosystem for MSMEs

US$ 40.85 billion

collateral-free automatic loans for businesses

Investment Opportunities

Key Investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

News

BRICS Summit: PM Modi presents India as a global growth engine

August 24, 2023

During his address at Brazil, Russia, India, China, and South …

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Govt launches forum to support MSMEs

March 3, 2023

The Forum for Internet Retailers, Sellers, and Traders (FIRST) was …

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Credit growth to MSMEs increase to INR 52,800 crores by mid-July FY23

August 1, 2022

Credit growth to the MSME sector increased by INR 52,800 …

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