March 9, 2026 8:53 PM

FTAs creating new opportunities for MSMEs to integrate into global supply chains: Jitin Prasada

Union Minister of State for Commerce and Industry Jitin Prasada on Monday said that Free Trade Agreements (FTAs) are opening new opportunities for India’s Micro, Small and Medium Enterprises (MSMEs) to integrate into global supply chains and expand their presence in international markets. Addressing the National MSME Awards Ceremony organised by the FICCI Ladies Organisation (FLO), Prasada said recent trade agreements with major markets, including the European Union as well as countries such ...

February 20, 2026 5:01 PM

Centre launches new interventions in Export Promotion Mission to boost MSMEs

Commerce and Industry Minister Piyush Goyal on Friday launched seven additional interventions under the Export Promotion Mission, a flagship initiative of the Centre aimed at empowering micro, small, and medium enterprises (MSMEs) for competing in global markets. These interventions are designed to address key challenges faced by Indian exporters, promote broad-based and inclusive export growth, and strengthen India’s position as a globally competitive export powerhouse. The minister stated ...

January 15, 2026 6:15 PM

NITI Aayog releases roadmap to boost MSME efficiency through scheme convergence

The NITI Aayog on Thursday released a comprehensive report titled “Achieving Efficiencies in MSME Sector through Convergence of Schemes”, outlining a strategic framework to streamline government support and improve outcomes for India’s Micro, Small and Medium Enterprises (MSMEs). The report, launched by NITI Aayog Member Arvind Virmani and NITI Aayog Chief Executive Officer B. V. R. Subrahmanyam, presents a detailed blueprint to enhance the effectiveness of MSME schemes by strengthening i...

December 18, 2025 3:31 PM

MSME exports cross ₹9.52 lakh crore in April–September FY26

India’s micro, small and medium enterprises (MSMEs) exported goods worth over ₹9.52 lakh crore during the first half of the current financial year, Parliament was informed on Thursday. In a written reply in the Lok Sabha, Minister of State for Micro, Small and Medium Enterprises Shobha Karandlaje said MSME-related exports stood at ₹9,52,023.35 crore during April–September of FY 2025–26. The data has been compiled from the Directorate General of Commercial Intelligence and Statistics (...

December 5, 2025 2:44 PM

Government expands financial support measures for MSMEs to boost credit access

The Government of India has expanded a series of financial support measures aimed at improving access to credit for Micro, Small and Medium Enterprises (MSMEs), Minister of State for MSMEs Shobha Karandlaje informed the Lok Sabha on Friday. According to the MSME Ministry, multiple schemes have been strengthened to enhance the flow of credit and provide easier financing options for small businesses, artisans, and traditional craftsmen across the country. One of the major steps includes increasi...

November 13, 2025 1:40 PM

MSMEs lead as 13 companies file for Rs. 1,914 crore investment under PLI for ACs, LED lights

The fourth round of the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights), launched by the Department for Promotion of Industry and Internal Trade (DPIIT), has attracted 13 applications with a net committed investment of Rs. 1,914 crore. The application window for the scheme, which covers air conditioners and LED lights, was open from September 15 to Novermber 10. More than half of the new applicants are micro, small and medium enterprises (MSMEs), signa...

November 12, 2025 4:19 PM

FM Sitharaman meets MSME sector stakeholders for pre-budget consultation

Finance Minister Nirmala Sitharaman on Wednesday chaired the third pre-Budget consultation with stakeholders from micro, small, and medium enterprises (MSMEs). The meeting was in connection with the forthcoming Union Budget 2026-27, according to a Finance Ministry statement. "Union Minister for Finance and Corporate Affairs @nsitharaman chairs the third Pre-Budget Consultation with the stakeholders from Micro, Small and Medium Enterprises MSMEs in connection with the forthcoming Union Budg...

August 18, 2025 3:27 PM

Udyam Sakhi Portal helping women entrepreneurs become self-reliant, over 4,500 registered so far

The Udyam Sakhi Portal, launched by the Ministry of Micro, Small and Medium Enterprises (MSME), is helping women entrepreneurs across the country start, build and expand their businesses, thereby fostering self-reliance, said Minister of State Shobha Karandlaje in a written reply in the Rajya Sabha on Monday. The online platform - https://udyamsakhi.com - serves as a one-stop resource for women entrepreneurs, offering information on various financial schemes such as Prime Minister's Employment ...

June 9, 2025 4:24 PM

11 years of Modi govt: PMMY empowers over 52.5 crore entrepreneurs with Mudra Loans

In a remarkable push towards inclusive financial empowerment, the Pradhan Mantri MUDRA Yojana (PMMY) has sanctioned over ₹33.65 lakh crore in loans to more than 52.5 crore small and micro-entrepreneurs over the last eleven years — more than the combined population of the USA, Russia, and Australia. Launched in 2015 by Prime Minister Narendra Modi with the vision of “Funding the Unfunded,” PMMY has become a game-changer for first-time entrepreneurs, especially from marginalized communiti...

May 2, 2025 2:09 PM

NITI Aayog report charts path to boost MSME competitiveness

NITI Aayog, in collaboration with the Institute for Competitiveness (IFC), on Thursday released a detailed report titled “Enhancing Competitiveness of MSMEs in India”, which outlines a roadmap for strengthening the role of Micro, Small and Medium Enterprises (MSMEs) in India’s economic growth. The report offers a sector-specific analysis across textiles and apparel, chemicals, automotive, and food processing industries, identifying the structural bottlenecks and policy-level gaps that con...