MSMEs contribute 30% to India's GDP, to grow further: Narayan Rane

India's youth would be the flag bearer of the growth and hence need to be supported by better work opportunities, said Narayan Rane

The Micro, Small and Medium Enterprises (MSME) sector contributes one-third to India's gross domestic product and has the potential to grow further, said minister Narayan Rane on Friday.

Addressing the ''Maharashtra MSME Conference'' organised by Associated Chambers of Commerce and Industry (Assocham), Rane highlighted the role of MSMEs in India's growth and the government's focus on promoting the sector with various schemes over the past eight years. He also added that MSMEs need better infrastructure and access to technology and finance.

"Moving forward, there is a collective attempt to popularise and increase acceptance for the 'Made in India' tag within