Do Merged Indian SMEs Exhibit Greater Productivity Growth Over 3–5 Years Than Comparable Non-Merged Firms?
The gross value added (GVA) of MSMEs accounted for 31.1% of India's GDP in 2023-24, rising from 27.3% in 2020-21 and 30.1% in 2022-23.
Credit Guarantee Fund Trust for Micro and Small Enterprises
Fund · IN · 1 documents
Key number
31.1%
MSME share of India's GDP (2023-24). Journal of Economics Finance and Management Studies p.1