India’s MSME sector continues to be one of the country’s biggest economic engines, contributing 31.1% to GDP, 35.4% to manufacturing output and 48.58% to exports, according to the Ministry of MSME. The ministry also said formal registrations on the...
The Ministry of Micro, Small, and Medium Enterprises (MSME) continues to fortify India's MSE ecosystem through targeted cluster programmes, with Rs 438.94 crore disbursed over the past five years for Common Facility Centres (CFCs) under the MSE-Cluster Development Programme...
India's government has overhauled the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) to streamline financing for manufacturing expansions and exports, directly supporting Budget 2025-26 goals for economic growth. Introduced in January 2025 and now revised based on stakeholder input...
A recent government update outlines a coordinated set of quality, certification and credit measures designed to support India’s MSME sector. From phased Quality Control Orders (QCOs) with explicit relaxations, to Bureau of Indian Standards (BIS) fee concessions and Reserve...
The Ministry of Micro, Small and Medium Enterprises (MSME) has reported that 6.63 crore MSMEs have been registered across India on the Udyam Registration Portal and Udyam Assist Platform (UAP) between 1st July 2020 and 31st July 2025, signaling...
India’s startup ecosystem continues to gain momentum, as the government deepens its support through a trio of focused schemes under the Startup India initiative. Launched in January 2016, the initiative aims to foster innovation, investment, and entrepreneurship by helping...
The Indian government is preparing to roll out a new credit guarantee scheme specifically aimed at export-oriented micro, small, and medium enterprises (MSMEs). Scheduled for launch by September, the scheme will enable eligible businesses to access collateral-free term loans...
The Emergency Credit Linked Guarantee Scheme (ECLGS) scheme announcement made for MSME's.
To shield the MSME's from unexpected financial distress and support their operational activities as it is important to note, MSME's play a significant role and contribute majorly into...
