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.