Though only 0.3 per cent of MSMEs, medium firms contribute 40 per cent of export income and lead in R&D spending
The “missing middle” faces limited support, discouraging scaling and formalisation despite higher capital needs
Proposals include a ₹5 crore pre-approved credit card and new working capital schemes to meet medium firms’ liquidity needs
Transforming them into SME Competence Centres will provide access to advanced tools, skilling, and consultancy
Modelled on EU mechanisms, it will identify cluster-specific projects and invite proposals from medium enterprises
A centralised portal and inclusion in Cluster Development Programmes will ease scheme access and regulatory compliance