NEW DELHI : Micro, Small, and Medium Enterprises (MSMEs) in India contribute around 30% towards its gross domestic product (GDP). As per latest the government data, industry exports have increased from Rs 3.95 lakh crore in 2020-21 to RS 12.39 lakh crore in 2024-25. While these figures highlight the sector’s potential as a growth driver, it continues to recover from the challenges brought by the pandemic, along with pre-existing issues that have persisted over time.
The MSME Ministry set a target of increasing the sector’s contribution to . . .
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