Importance of MSME  in India

MSMEs are the backbone of the Indian economy, accounting for almost 99% of all enterprises in India and employing over 60% of the country's workforce.

Keep reading to understand importance of MSME for our country and how it helps our economy. 

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MSMEs are drivers of innovation and entrepreneurship and are key to creating a vibrant and sustainable economy.

MSMEs are essential for creating jobs and promoting gender equality, as they provide employment opportunities for women and marginalized sections of society.

MSMEs are important for promoting exports and contributing to India's global competitiveness.

MSMEs are a vital source of support for the country's small and medium-sized towns and villages and are crucial for promoting inclusive growth in these areas.

MSMEs are crucial for poverty alleviation and inclusive economic growth, as they create livelihood opportunities for millions across India.

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