• 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

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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Udyam Portal sees nearly 10 mn MSME registrations

July 19, 2022

Almost ten million registrations have been witnessed by Udyam, an …

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Events