In the financial year 2022, micro, small and medium enterprises (MSMEs) manufacturing GVA accounted for over 40 percent share of all of India's manufacturing gross value added. This was a slight increase from the previous financial year but the share has remained consistent over the four years. The government has introduced various schemes to boost the MSME sector, such as Make in India, Atmanirbhar Bharat, Prime Minister’s Employment Generation Programme (PMEGP), and Micro and Small Enterprises-Cluster Development Programme (MSE-CDP), to name a few.
Share of MSME manufacturing gross value added in total manufacturing gross value added (GVA) in India from financial years 2019 to 2022
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PIB. (December 11, 2023). Share of MSME manufacturing gross value added in total manufacturing gross value added (GVA) in India from financial years 2019 to 2022 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1384758/india-manufacturing-msme-gva-in-total-manufacturing-gva/
PIB. "Share of MSME manufacturing gross value added in total manufacturing gross value added (GVA) in India from financial years 2019 to 2022." Chart. December 11, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1384758/india-manufacturing-msme-gva-in-total-manufacturing-gva/
PIB. (2023). Share of MSME manufacturing gross value added in total manufacturing gross value added (GVA) in India from financial years 2019 to 2022. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1384758/india-manufacturing-msme-gva-in-total-manufacturing-gva/
PIB. "Share of Msme Manufacturing Gross Value Added in Total Manufacturing Gross Value Added (Gva) in India from Financial Years 2019 to 2022." Statista, Statista Inc., 11 Dec 2023, https://www.statista.com/statistics/1384758/india-manufacturing-msme-gva-in-total-manufacturing-gva/
PIB, Share of MSME manufacturing gross value added in total manufacturing gross value added (GVA) in India from financial years 2019 to 2022 Statista, https://www.statista.com/statistics/1384758/india-manufacturing-msme-gva-in-total-manufacturing-gva/ (last visited December 21, 2024)
Share of MSME manufacturing gross value added in total manufacturing gross value added (GVA) in India from financial years 2019 to 2022 [Graph], PIB, December 11, 2023. [Online]. Available: https://www.statista.com/statistics/1384758/india-manufacturing-msme-gva-in-total-manufacturing-gva/
