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What is an MSME?
What is an MSME?
MSMEs (Micro, Small, and Medium Enterprises) are businesses that form the backbone of the economy. They include small shops, startups, manufacturers, and service providers that create jobs, support local communities, and drive innovation across India.
Introduction
Introduction
Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in shaping the Indian economy. They are recognized as the engine of growth due to their contribution to employment generation, industrial output, and exports. MSMEs promote inclusive development, especially in rural and semi-urban
Welcome to Developing MSMEs
Welcome to Developing MSMEs
Developing MSMEs is a digital platform created to empower Micro, Small, and Medium Enterprises across India by providing easy access to vital information, government schemes, business resources, and support tools — all in one place.
Whether you're a new entrepreneur or an existing business owner, this site helps you:
Learn how to start and register your MSME
Discover funding options and government schemes
Connect with support networks and business tools
Get instant answers through our interactive chatbot assistant
Our goal is to simplify your MSME journey by combining information, support, and technology in a single platform — built by MSMEs, for MSMEs.
Importance of MSMEs in India
Importance of MSMEs in India
Employment Generation:
Second-largest employer after agriculture — over 110 million jobs.Contribution to GDP:
Contributes nearly 30% of India’s GDP.Exports:
Contributes around 48% of India’s total exports.Industrial Development:
Promotes industrialization in rural and backward areas, reducing regional imbalances.
Innovation and Entrepreneurship:
Encourages grassroots innovation and self-employment.
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