Micro, Small & Medium Enterprise

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  Plays a pivotal role in economic development

  17 October 2023

  How is the overall scenario of MSME sector in India? Reply: The micro, small, and medium enterprises (MSME) sector in India indeed represents a critical segment of the economy, contributing approximately 30% to economic growth. India boasts a staggering count of 633.9 lakh MSMEs, with over 99% classified as micro-enterprises, totaling a remarkable 630.5 lakh enterprises. Small businesses make up…

  An interview with Vipul Goel | Chairman & Managing Director | National Small Industries Corporation Limited Read more
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  The backbone of economy

  24 October 2022

   The Micro Small and Medium Enterprises (MSMEs) sector has been globally considered as an engine of economic growth and as a key instrument for promoting equitable development. The major advantage of this sector is its employment generation potential at low capital investment. The intensity of employment generation of this sector is much higher than that of large enterprises. MSMEs constitute…

  A Special Feature | Courtesy – NABARD Head Office | Mumbai Read more
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  The New Road for Art Based Enterprises

  23 October 2019

  Background In India, a large number of MSMEs reside in many cities, small towns and distant villages. The Government of India has set rolling several growth initiatives for the micro, small and medium enterprises by formulating support systems and new policies, few of which are presently functional. However, these MSMEs comprises of an un-organised set of entrepreneurs, who have not…

  By Manoj Lal | General Manager | National Small Industries Corporation Limited Read more

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