Advantage India
Sector
Overview
*As of March 2026, over 7.83 crore enterprises were registered across both platforms, 4.72 crore on the Udyam Portal and 3.21 crore on the Udyam Assist Platform. This marks a significant milestone in MSME digitization.
*The Ministry’s budget allocation has shown a consistent upward trajectory, rising from Rs. 23,168.15 crore (US$ 2.62 billion) in FY26 to Rs. 24,566.27 crore (US$ 2.78 billion) in FY27.
Statutory
Bodies
*The MSME Ministry heads five statutory bodies; KVIC, Coir Board, NSIC, NI-MSME and the MGIRI
*These bodies are responsible for aiding MSMEs with respect to government schemes and policies
Government
Schemes
*The Government is strengthening traditional livelihoods through the PM Vishwakarma Scheme. As of March 2026, over 30 lakh artisans had registered under the scheme, while nearly 5.9 lakh enterprise development loans worth Rs. 5,050 crore (US$ 571.42 million) and over 25.8 lakh toolkit incentive e-vouchers had been approved.
*The Prime Minister’s Employment Generation Programme scheme has supported 10.73 lakh micro enterprises with a total Margin Money subsidy of Rs. 29,295 crore (US$ 3.32 billion), generating estimated employment opportunities for 87.37 lakh persons as of December 31, 2025.
Policy
Support
*The government has launched the Export Promotion Mission (EPM) with an outlay of Rs. 25,060 crore (US$ 2.76 billion) for FY26–FY31 to strengthen MSME exports. The mission provides trade finance support, interest subvention, credit guarantees and logistics assistance, while also improving market access, export compliance, branding and overseas warehousing to enhance the global competitiveness of Indian MSMEs.
*Since inception of Credit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE) in FY 2001, MSEs have received 1.35 crore credit guarantees amounting to Rs. 12.39 lakh crore (US$ 140.21 billion), up to 31 December 2025.
Elkay Chemicals Private Ltd
Established in 1990, Elkay Chemicals Pvt. Ltd. is a performance silicone products manufacturer for the Indian and global markets offering over 80 high performance products across sectors such as agriculture, pharmaceuticals, personal care, petrochemicals, rubber and tyre, construction, textiles, industrial/ distillery etc. The company is a major exporter of silicone products & solutions. Some of the customers of the company include Bharat Petroleum, Bridgestone, Cipla etc.
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Line O Matic Graphics Industries
Line O Matic Graphics Industries is a family own business manufacturing exercise notebook machinery, paper converting machinery and packaging machinery. The company infrastructure is spread over more than 450,000 sq. ft. It is the first factory in Ahmedabad to be equipped with 200KW of solar power generation plant.
Line O Matic has also established an ultra-modern manufacturing set ups with brand new machines from leading countries for the best quality production. It also possesses in-house various types of CNC machines. All units have established and applied a stringent quality control system for design, development and production of paper converting machinery.
Read MoreMohindra Fasteners Limited
Mohindra Fasteners is a manufacturer of screws and automotive parts. The company manufactures a wide range of industrial set up for spherodised annealing and wiredrawing to be able to provide desired mechanical properties for forging and machining facilities. The manufacturing plants are equipped with CNC machines, vertical milling machine, heat treatment line, PLC controlled Surface treatment facility etc. The company has initiated construction of a greenfield expansion at a new location at IMT Rohtak.
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