MSMEs in India's Export Ecosystem
Micro, Small and Medium Enterprises (MSMEs) are defined under the MSMED Act 2006 (as amended in 2020): Micro enterprises have investment up to Rs 1 crore and turnover up to Rs 5 crore; Small enterprises have investment up to Rs 10 crore and turnover up to Rs 50 crore; Medium enterprises have investment up to Rs 50 crore and turnover up to Rs 250 crore. MSMEs account for approximately 30% of India's GDP, 45-50% of total exports, and over 110 million jobs. The MSME Ministry runs several export promotion programmes including the Market Access Initiative (MAI) scheme, the International Cooperation Scheme, and MSME Export Hubs. The Udyam registration portal tracks registered MSMEs — over 4 crore enterprises registered as of 2026.
- MSMED Act 2006 (amended 2020): Changed classification from investment-only to investment + turnover criteria.
- Micro: Investment ≤ Rs 1 cr, Turnover ≤ Rs 5 cr.
- Small: Investment ≤ Rs 10 cr, Turnover ≤ Rs 50 cr.
- Medium: Investment ≤ Rs 50 cr, Turnover ≤ Rs 250 cr.
- MSMEs: ~30% of GDP, ~110 million jobs, ~45-50% of merchandise exports.
- Udyam Portal: Government portal for MSME registration; over 4 crore registrations.
- MSME export schemes: MAI (Market Access Initiative), International Cooperation Scheme.
● Tracked since March 24, 2026 · last seen April 29, 2026 · updates as the daily brief publishes