BS EDIT: UP’s MSME Drive: Local Growth, Global Ambition

By Business StandardPublished On Jun 20, 2025

MSMEs Power the Economy

MSMEs contribute 30% to India’s GDP and 45% to exports

Uttar Pradesh leads with the highest number of MSMEs in the country

A New Cluster Strategy

UP to develop 15 MSME zones across 11 districts

764 acres earmarked, including 500 near Yamuna Expressway

Reviving Local Strengths

ODOP and GI tagging boost traditional crafts and exports

MSMEs make up 60% of UP’s industrial output

Manufacturing Momentum

UP’s manufacturing grew 13% in FY24—well above GSDP

Investments are now reaching more districts

Bridging the Gender Gap

Women own just 33% of MSMEs in UP

More skilling, finance, and women-led clusters are needed

Unlocking Rural Potential

Agro-processing, rural crafts, and farm-MSME value chains can boost incomes

Focus must also stay on credit, compliance, and logistics