SIDBI’s Report on MSME Sector

On 13th May 2025, the Small Industries Development Bank of India (SIDBI) released an in-depth report, titled ‘Understanding the Indian MSME Sector: Progress and Challenges’, offering a comprehensive overview of the evolving landscape of Micro, Small and Medium Enterprises (MSMEs) in India.

Major Findings

Overview of MSME Sector

  • Share in GVA: The share of MSMEs in the country’s Gross Value Added (GVA) increasing from 27.3% in FY2020-21 to 29.6% in FY2021-22 and 30.1% in FY2022-23 highlights its growing role in national economic output.
  • Number of MSMEs: With over 7.34 crore estimated MSMEs employing around 26 crore individuals, the sector plays ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Economy Watch