MSME Sector

A critical shortage of LPG is pushing micro, small and medium enterprises towards an operational crisis, the Association of Indian Entrepreneurs said, calling for urgent intervention of central and state governments to prevent job losses in the sector. Association of Indian Entrepreneurs National Chairman K E Raghunathan highlighted that for thousands of small industries, commercial kitchens, and food processors, "LPG is not just a fuel, it is a lifeline of daily production." In a statement on Sunday, he said, "When supply becomes uncertain and prices rise sharply, MSMEs simply cannot absorb the shock." "Unlike large corporations, MSMEs operate on extremely thin margins. A sudden spike in energy costs or irregular LPG supply can force many units to cut production, reduce workforce, or temporarily shut down operations. If this situation continues, it could trigger a chain reaction impacting employment, supply chains and local economies," he added. Raghunathan urged the central and .

RBI Governor Sanjay Malhotra said enhancing timely and adequate formal credit access for MSMEs is a top priority, urging firms to formalise, maintain credit discipline and adopt digital payments

UP's priority sector credit potential rises over 18% to ₹9.14 trillion for 2026-27, led by MSMEs and agriculture amid faster digital credit delivery

Credit reforms and Budget incentives aim to strengthen the MSME sector but persistent payment delays and global tariff uncertainties remain hurdles, reports Raghu Mohan

Rajasthan moves three key entrepreneur support policies online, ending offline applications and easing access to MSME, export and ODOP incentives

Budget 2026 advances trust-based Customs reforms and sector-specific relief, but stops short of a clear tariff-cut roadmap needed to boost MSME-led manufacturing growth

Opposition-ruled states slammed Budget 2026 for ignoring federal concerns and tax devolution, while NDA chief ministers welcomed its focus on manufacturing, infrastructure and MSME-led growth

Higher capex, green mobility and strategic manufacturing bets in Budget 2026-27 aim to boost competitiveness, infrastructure and self-reliance on the road to Viksit Bharat 2047

The India-EU FTA offers major export and job gains for labour-intensive MSME sectors, but success will hinge on meeting EU standards and easing logistics bottlenecks

Extending export incentives to postal shipments will make global e-commerce more accessible for small businesses in Tier-2 and Tier-3 towns

With a vast network of over 74 million registered businesses, the Indian MSME sector makes a substantial contribution to the growth of the country's economy

According to Fisme, the Indian banking system operates under conditions of monopolistic competition, with high switching costs giving banks significant market power over borrowers, particularly MSMEs

Adoption of Artificial Intelligence (AI) in India's 64 million Micro, Small and Medium Enterprises (MSMEs) alone could unlock over USD 500 billion in economic value, but the country must pivot from an "adopt-first" to an "invent-first" mindset to realise this potential, according to a new report. The report, titled "India's Triple AI Imperative: Succeeding with AI in India", released by Boston Consulting Group (BCGX) and Federation of Indian Chambers of Commerce & Industry (FICCI), noted that while India has one of the world's fastest-growing AI markets, it faces significant gaps in deep innovation and value realisation. BCG X is the technology build, design, and innovation arm of Boston Consulting Group (BCG). "A particularly untapped opportunity lies in India's 64 million MSMEs. AI adoption in this segment alone could unlock over USD 500 billion in economic value, through productivity gains, cost savings, and improved access to credit," the report stated. However, the findings ..

Odisha has emerged as the most attractive state in India for micro, small, and medium enterprises, Chief Minister Mohan Charan Majhi said here on Sunday. Addressing the valedictory function of the Odisha Industry Conclave-2025, Majhi said his government is committed to making the dreams of four and a half crore people of Odisha a reality. Since the BJP came to power in 2024, the government has taken several steps to promote industrial development in Odisha, he said. Under our 'Go Swift Single Window' system, projects are being approved not in months but in a single day. This year, 6.1 per cent of our state's GDP has been invested in infrastructure, which is the highest in India, he said. Noting that the 'Laghu Udyog Bharati' has a significant role to play in the journey of industrialisation in the state, he said the efforts of this institution in supporting more than 980 industrial units, creating employment, facilitating entrepreneurs and contributing to the goal of a self-reliant

The state aims to lower land costs and boost private investment through a plug-and-play model, lease-rental options and expanded industrial land banks

A joint WCO-ICC-WTO report says awareness gaps, procedural complexity and uneven benefits still limit MSME participation despite recent improvements

The Indian Industries Association (IIA) will host International Tourism & Hospitality Expo (ITH Expo 2025) in Varanasi from December 18 to19

Industry body Assocham recommends single-window clearances, graded penalties, and simplified filings to reduce red tape and empower MSMEs across states

Stress in consumer loans may be reducing as collections are improving in the rural B2C segment

Commerce Minister Piyush Goyal said India will not compromise on sensitive sectors like dairy and MSMEs in its proposed trade pact with New Zealand, where talks have seen major progress