Ministry of Micro, Small and Medium Enterprises

Regulator · IN · 3 documents

Key number

31.1%

MSME share of India's GDP (2023-24). Journal of Economics Finance and Management Studies p.1

Pricing Mechanism Evolution and Capital-Raising Efficiency in Emerging SME Equity Markets: Evidence from India's Book-Building Transition

Research paperResearch SquareNovember 202631 pages

Indian small and medium-sized enterprises employ over 110 million people, generate nearly 48 per cent of exports, and contribute approximately 30 per cent of GDP.

Working Capital Financing for MSMEs Through Digital Innovation: Participation-Efficiency Interdependence on India's Trade Receivables Discounting System (TReDS) Platforms

Research paperResearch SquareNovember 202628 pages

In India, MSMEs contribute nearly 30% of national GDP, over 40% of exports, and provide employment to over 265 million individuals.

Do Merged Indian SMEs Exhibit Greater Productivity Growth Over 3–5 Years Than Comparable Non-Merged Firms?

Research paperJournal of Economics Finance and Management StudiesOctober 202610 pages

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.