In the financial year of 2016, the number of MSMEs in the country was projected to reach 63 million, up from about 36.2 million in fiscal year 2007. A linear increase in the number of enterprises was seen over the years.
Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016
(in millions)
Estimates were based on trends of number of working enterprises, employment, and market value of fixed assets from the Fourth All India Census of MSME conducted in FY 2007.
Figures have been rounded for clarity.
India's financial year begins in April and ends in March. For example, FY 2007 started in April 2006 and ended in March 2007.
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Ministry of Micro, Small and Medium Enterprises (India). (August 14, 2024). Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016 (in millions) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/718341/india-number-of-msmes/
Ministry of Micro, Small and Medium Enterprises (India). "Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016 (in millions)." Chart. August 14, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/718341/india-number-of-msmes/
Ministry of Micro, Small and Medium Enterprises (India). (2024). Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016 (in millions). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/718341/india-number-of-msmes/
Ministry of Micro, Small and Medium Enterprises (India). "Number of Micro, Small and Medium Enterprises (Msmes) across India from Financial Year 2007 to 2016 (in Millions)." Statista, Statista Inc., 14 Aug 2024, https://www.statista.com/statistics/718341/india-number-of-msmes/
Ministry of Micro, Small and Medium Enterprises (India), Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016 (in millions) Statista, https://www.statista.com/statistics/718341/india-number-of-msmes/ (last visited November 21, 2024)
Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016 (in millions) [Graph], Ministry of Micro, Small and Medium Enterprises (India), August 14, 2024. [Online]. Available: https://www.statista.com/statistics/718341/india-number-of-msmes/
