SME Landscape in India - Growth, Challenges and Opportunities
India is one of the fastest growing economies of the world. In the last half-decade, the economic growth has steadily accelerated and most importantly, remained very stable. This growth has been driven by robust socio-economic policies of the government, an influx in the domestic and foreign capital and rise in disposable income and consumption among many other positive attributes.

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Technology and digital presence are two of the biggest growth drivers of businesses worldwide today. While large organizations can pour vast amounts of fund into implementing the best and latest technology and robust digital tools, it becomes a major challenge for small business due to limited resources.

Did You Know?

a startup could be different from an MSME
The MSME sector contributes 8% to the country’s GDP
MSMEs are major job providers in India and catalysts for growth
Business can be filed/registered online free of cost on the Udyog Aadhaar portal
1,07,35,554 MSME Enterprises are registered in India
The MSME Sector has 2.2 million women-led enterprises.
The percentage of rural enterprises is more than urban enterprises in the MSME Sector
The MSME sector is the backbone of the Indian Economy.
To facilitate the enterprises to take benefit of various schemes by the Office of Development Commissioner (MSME), there is a mobile app launched MyMSME.
To address delayed payments to this sector the Ministry of MSME launched a portal.

SME

Indian entities can give guarantees on behalf of WOS abroad: Expert

Next set of asset quality woes for lenders to come from MSME segment

High gold prices, weak demand hit gems, jewellery units: CRISIL SME Tracker

Provisional assessment allowed when Customs doubt origin of goods: Expert

Small, medium shipbreakers face contraction in revenue: CRISIL SME Tracker

Eligibility to prepare e-invoice under GST based on PAN, says expert

Shadow of ITeS contraction over small, medium units: CRISIL SME Tracker

FTP treats merchant exporter with order as third party, says expert

Exports offer hope for specialty chemicals units: CRISIL SME Tracker

Use commercial prudence while buying MEIS/SEIS scrips, says expert

Courier SMEs' cup of woe spills over, shows CRISIL SME Tracker

Local demand to prop up crop protection SMEs: CRISIL SME Tracker

CBDT to share depreciation, turnover info of small firms with MSME ministry

MSME margins to shrink on Covid-induced loss of demand: CRISIL SME Tracker

If govt does not take immediate fiscal steps, MSMEs will die: Pronab Sen

If the imported goods found defective can be re-exported, says expert

Pharma SMEs will overcome short-term disruptions: CRISIL SME Tracker

Payment of advance does not create lien over supplier's assets: Expert

PSBs lead in disbursing loans to MSMEs under credit guarantee scheme

Mixed spread ahead for packaged-foods SMEs: CRISIL SME Tracker