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MSME CONTRIBUTION TO GDP
Lok Sabha passes MSME payment delay bill amid opposition protestsThe Lok Sabha approved the MSME Development Amendment Bill, 2026, without debate. This legislation aims to improve payment mechanisms for s...
Indian Bank targets Rs 35 lakh crore business by 2032 after crossing Rs 15 lakh crore milestone: MD & CEO"On 125th year, that means 2032, we have set a target of 35 lakh crore business. In June we are at 15 lakh crore. That means we have to bec...
Rajya Sabha clears MSME bill to fast-track payment disputes amid Opposition protestsThe Rajya Sabha approved the MSME Development Amendment Bill, 2026, on Monday. This legislation aims to expedite delayed payment dispute re...
Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
Macroeconomic fundamentals of Indian economy remain strong amid global challengesIndia's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...
Why the India-UK trade pact could make this India’s decade for the textile industryIndustry experts say that the trade deal is expected to improve India’s price competitiveness, enhance export opportunities, and strengthen...
Beyond China, beyond tariffs: India, Japan look to MSMEs to turn strategic ties into factory-floor partnershipsAs Japanese Prime Minister Sanae Takaichi visits India, industry sees the biggest opportunity not in tariff concessions but in supplier eco...
Beyond refunds: Why GST 2.0 is a growth enabler for MSME exportersLiquidity alone won’t close the credit gap that most Indian MSME exporters face. This is where GST 2.0 has its most underappreciated impact...
Why MSMEs hold the key to India’s biggest AI opportunityIndia is poised for AI leadership, with large businesses rapidly adopting advanced systems. However, millions of MSMEs lag due to tradition...
World MSME Day: Chemical industry seeks policy support to boost competitiveness amid global trade disruptionsIndian chemical industry leaders are urging a policy overhaul to boost competitiveness ahead of World MSME Day 2026. They highlight the nee...
World MSME Day: Global uncertainty offers Indian MSMEs an opportunity to move up the textile value chain, say expertsAs the second-largest employment generator in the country, the textile sector’s contribution to the economy is crucial, with MSMEs forming ...
World MSME day: Better logistics, deeper market access key to MSMEs’ next growth phase, says Allcargo Logistics CEOKetan Kulkarni discusses the logistics bottlenecks facing India’s MSMEs, the impact of PM Gati Shakti and ONDC, and why integrated supply c...
MSMEs are India's entrepreneurship nursery, RBI to continue strong support: Governor MalhotraEmphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay Malhotra on Sunday described Micr...
India to organise first BRICS MSME Forum in Agra on 19 JunePolicymakers and industry leaders from BRICS nations will gather to strengthen global MSME development and international cooperation. An ex...
Why India's manufacturing future needs more than jugaadIndia's manufacturing sector faces a critical juncture. Global buyers demand zero defects and reliability, moving beyond India's traditiona...
India's MSME growth remains concentrated despite expansion in credit and formalisation: ReportThe study highlights the geography of MSME growth in India and calls for more balanced, targeted expansion of enterprise activity and forma...
MSMEs crucial to make India a $5 trillion economy: Sarbananda SonowalInaugurating a two day North East MSME summit, Sonowal said that considering MSME sector, being the prime drivers of growth with equity and...
MSMEs to contribute 50% to GDP in next 5 years: Nitin GadkariGadkari added that the sector currently employs about 11 crore people and the government would take this figure to 15 crore in the next 5 y...
Modern MSME can be backbone for high growth business: ReportFocus on areas such as infrastructure, regulatory environment, funding facilities, and skilling would help in strengthening the sector.
MSME Ministry to prepare an in-depth development plan in 6 months: Government"The MSME Ministry is in process of preparing a comprehensive development strategy for the sector in consultation with all stake-holders."