Explore the robust growth and key contributions of India's MSME sector with our detailed overview. | Profit From It
πŸ“’ 5 STEPS TOWARDS WEALTH πŸš€ The Indian Stock Market Way
πŸ“’ 5 STEPS TOWARDS WEALTH πŸš€ The Indian Stock Market Way
πŸ“ Delhi | 22nd March 2025 | Saturday / πŸ•• 5:59 PM - 9:01 PM (Entry from 5:30 PM onwards)
REGISTER NOW
1800 890 4317
profitfromit1@gmail.com

Explore the robust growth and key contributions of India's MSME sector with our detailed overview.

Created by Piyush Patel_ in Economic Update 30 Dec 2024
Share


πŸ“ˆ MSME Sector Overview:

πŸš€ Strong Growth in Exports
πŸ’Ή Exports rose from β‚Ή3.95 lakh crore in 2020-21 to β‚Ή12.39 lakh crore in 2024-25
πŸ“Š Exporting MSMEs increased from 52,849 to 1,73,350
πŸ” Indicates a robust and expanding sector, offering good investment opportunities in companies within or supplying to these MSMEs

πŸ“Š Contribution to GDP
πŸ“ˆ Contributed 30.1% in 2022-23 and 29.6% in 2021-22
🌐 Essential to India’s economy, presenting long-term investment interests

πŸ“ Revised Classification from 1st July 2020
πŸ”Ή Micro Enterprise: Investment < β‚Ή1 crore, Turnover < β‚Ή5 crore
πŸ”Ή Small Enterprise: Investment < β‚Ή10 crore, Turnover < β‚Ή50 crore
πŸ”Ή Medium Enterprise: Investment < β‚Ή50 crore, Turnover < β‚Ή250 crore

πŸ“ˆ Scaling Up
πŸ” Significant scale-up from micro to medium enterprises between 2020-21 and 2024-25
πŸ“ˆ Showcases a healthy ecosystem where smaller companies grow more substantial and stable

πŸ› οΈ Sector Resilience and Innovation
πŸ—οΈ Demonstrated resilience, innovation, and adaptability
🌍 Drives national growth, employment, and fosters inclusive development
πŸ’Έ Offers financial returns and aligns with sustainable and impact investing

🌟 These aspects underscore the MSME sector as a crucial component of the Indian economy with potential for lucrative investment opportunities, especially for those focusing on sustainable growth and resilience in emerging markets.

πŸ”— Hook on for more economy updates:
Stay tuned for regular insights into vital economic sectors and investment opportunities.




Comments (0)

Share

Share this post with others