Msme Sector

Improving timely access to credit for MSMEs policy priority: RBI Guv

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 govt sees priority sector credit potential at ₹9.14 trillion in FY27

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

Wheels are in motion for small businesses, but global challenges remain

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

Applications for 3 policies go online to help entrepreneurs in Rajasthan

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

Union Budget 2026-27: Only a piecemeal boost for manufacturing growth

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

Budget 2026: Stalin to Mamata, CMs divided over priorities and allocations

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

Budget 2026-27: A future-ready step on path to Viksit Bharat 2047

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

Creating employment: India-EU FTA can increase labour-intensive exports

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

CBIC extends export incentives to postal shipments from January 15

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

MSMEs and their economic footprint in India's journey to Viksit Bharat

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

MSME body pitches unified regulator; seeks banking oversight shift

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

AI adoption in MSMEs can unlock over $500 bn economic value: Report

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 emerges as most attractive state for MSMEs, says CM Majhi

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

UP to simplify industrial land allotment for MSMEs to draw fresh investment

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

MSME participation in AEO programme grows but more awareness needed

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

MSMEs in Uttar Pradesh seek trade partners in Africa, Latin America

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

State-led reforms, digitised clearances key for MSME growth: Assocham

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

Lower growth guidance and MSME loan stress weigh on Bajaj Finance

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

India to protect dairy, MSMEs in FTA with New Zealand: Piyush Goyal

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

Structural issues hit MSME productivity, digital readiness strong: Report

Micro, small and medium enterprises (MSMEs) in India are facing structural challenges like limited access to formal credit, which is impairing their productivity, but their digital readiness remains a bright spot, a Deloitte India report said on Wednesday. MSMEs in India contribute nearly 30 per cent to GDP, and account for 45 per cent of exports and provide livelihoods to over 240 million people. The study shows that despite exhibiting a significantly higher degree of digital readiness than OECD peers, Indian MSMEs operate at just 18 per cent of large-enterprise productivity compared with 45-70 per cent in OECD economies. This gap limits their competitiveness compared to global counterparts. Deloitte India Economist Rumki Majumdar said India's MSME space is marred by several structural and persistent challenges, including limited access to formal credit, outdated technology, regulatory complexity and infrastructure bottlenecks. The credit gap is estimated at Rs 30 lakh crore or a