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 ....
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