MSMEs contributed 30.1% to India’s GVA in 2022-23 and exports surged to ₹12.39 trillion in 2024-25 — yet many still struggle to grow beyond small scale
The CII-NITI-AICTE platform will help MSMEs embrace tech. But tech adoption alone won’t bridge the scale gap without structural reforms
Complex compliance burdens lead entrepreneurs to operate multiple small units instead of scaling one — limiting productivity and efficiency
High compliance costs and rigid labour laws have led to contractualisation and deterred growth — with half the workforce still stuck in agriculture
Labour codes remain unimplemented. The Public Accounts Committee flagged GST issues for MSMEs this week — these gaps need urgent fixing
Modi’s idea of a deregulation commission could be a game-changer — if it streamlines rules and helps mid-sized firms scale in a tough global economy