Power of Small

510.57 Lac SME

• Total size 30% of GDP
• Contribute approx. 45% of Industrial Production
• Contribute approx. 40% of Exports

Current 5-Year Plan (2022-2027) :

• SME to grow @ 18.74% per annum
• To generate approx. 15 million jobs per annum

SME development as a tool of state policy aims at :

• Generation of Employment
• Dispersal of Economy
• Utilization of local skills and resources
• Meet demands locally, as feasible

* Source: Annual Report of MSME 2020-21