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
Over the past decade, India has climbed from 142nd in ease of doing business in 2015 to 63rd by 2020. It also moved from 43rd position in 2020 to 39th position in the World Competitiveness Index 2024. This is owing... View Article
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