MintNov 25, 2021MSMEs: The growth engines of the Indian economyIn terms of exports, MSMEs are an integral part of the supply chain and contribute about 40% of the overall exports.MSMEs also play an important role in employment generation, as they employ about 110 million people across the country Micro, small and medium Enterprises (MSMEs) are the growth accelerators of the Indian economy, contributing about 30% of the country’s gross domestic product (GDP).Read more at Mint
In terms of exports, MSMEs are an integral part of the supply chain and contribute about 40% of the overall exports.MSMEs also play an important role in employment generation, as they employ about 110 million people across the country Micro, small and medium Enterprises (MSMEs) are the growth accelerators of the Indian economy, contributing about 30% of the country’s gross domestic product (GDP).Read more at Mint