Manufacturing MSMEs in India are burdened with over 1,450 compliance requirements across central, state, and local laws, incurring costs of up to ₹15 lakh annually[1]. These costs include the time, manpower, and legal resources needed to stay compliant. Compliance obligations... View Article
The Indian economy accommodates over 6.5 crore registered MSMEs. However, as of March 2024, approximately 3.9 crore MSMEs remained unregistered and operating informally. This gap has long-term consequences. Informal businesses are often excluded from subsidies, financial assistance, and critical growth... View Article
India is steadily charting its course toward becoming a fully developed nation by 2047. Central to this journey is the Viksit Bharat 2047 vision—an ambitious roadmap laid by the government aimed at driving economic, social, environmental, and technological transformation. And... View Article
[1] IBEF, Manufacturing Sector in India Industry Report February 2025 As part of this strategy, the government has launched several targeted initiatives, with the Production Linked Incentive (PLI) schemes playing a key role. Rolled out across 14 critical sectors, these... View Article
Here is a Practical Guide to Overcome Them India’s ambitious vision of becoming a ‘Viksit Bharat’ by 2047 significantly depends on the dynamism and growth of its MSMEs. For this vision to materialize, these vital economic drivers must evolve beyond... View Article
A Guide to MSME Categories, Criteria, and Benefits As the business ecosystem rapidly evolves, the Union Budget 2025 has laid greater emphasis on the classification of businesses as micro, small, or medium. It isn’t just a technical formality but a... View Article
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