India BriefingOct 28, 2021Micro, Small, and Medium Enterprises in India – An ExplainerIndia’s Micro, Small, and M edium Enterprises (MSMEs) base is the largest in the world after China.The sector provides a wide range of services and is engaged in the manufacturing of over 6,000 products – ranging from traditional to hi-tech items.Given the government of India’s ‘Make in India’ push, along with a push to attract greater FDI, the Indian MSMEs sector is poised for rapid growth and integration with major global value chains.As per the official estimates, there are about 63.05 million micro industries, 0.33 million small, and about 5,000 medium enterprises in the country.Read more at India Briefing
India’s Micro, Small, and M edium Enterprises (MSMEs) base is the largest in the world after China.The sector provides a wide range of services and is engaged in the manufacturing of over 6,000 products – ranging from traditional to hi-tech items.Given the government of India’s ‘Make in India’ push, along with a push to attract greater FDI, the Indian MSMEs sector is poised for rapid growth and integration with major global value chains.As per the official estimates, there are about 63.05 million micro industries, 0.33 million small, and about 5,000 medium enterprises in the country.Read more at India Briefing
