India is aiming to build a $500 billion electronics industry by 2030, but can it move beyond basic assembly to true value creation? At a recent industry conclave, speakers at the fifth edition of businessline MSME Growth Conclave on Thursday highlighted how MSMEs could play a crucial role in transformingContinue Reading
From a 15-year-old travelling in a milk truck to building one of India’s leading dairy brands—Milky Mist’s Chairman & Managing Director, Satish Kumar T shares his remarkable journey at the businessline MSME Growth Conclave 2026. Starting from a small milk trading business in Erode, Kumar turned to paneer—a niche productContinue Reading
The report comes at a time when India is positioning its financial sector to support long-term economic expansion. Only 14 per cent of India’s micro, small and medium enterprises (MSMEs) have access to formal credit despite the country’s rapid advances in digital finance, leaving millions of businesses dependent on informalContinue Reading
Observed every year on June 27, World MSME Day recognises the vital contribution of micro, small, and medium enterprises in driving economic growth, innovation, and employment. In India, 8.77 crore registered MSMEs contribute 31.1 per cent of GDP, account for 35.4 per cent of manufacturing output, and 48.58 per centContinue Reading
(from left) Rakesh Patil, Co-founder & CTO Beyond Appliances; Kartik Narayan, CEO of Apna Co; Nitin Dave, CEO, Staffing Solutions, Quess Corp; Nagaraju S, Council Member, Panel Chairman, Labour Law, KASSIA, Synergy Punching (Promoter and Director); and Bharat Kumar, Moderator, Digital Editor, businessline MSMEs continue to face significant challenges inContinue Reading
To honour the achievements of micro, small and medium enterprises, businessline is organising its fifth annual MSME Conclave. Taking place in Bengaluru on June 25 and Coimbatore on June 27, the two-city event will highlight the sector’s crucial role in India’s economic development. World MSME Day takes place globally every June 27.Continue Reading
Sanjay Malhotra, RBI Governor addressing an awareness programme for MSME entrepreneurs in Kochi Sanjay Malhotra, RBI Governor has urged banks and financial institutions to view micro, small and medium enterprises (MSMEs) not merely as beneficiaries of regulatory mandates or government schemes, but as long-term business partners whose growth drives bothContinue Reading
