MSME Industry in India

With 63.4 million units spread across the country, the MSME sector contributes around 6.11% of the manufacturing GDP and 24.63% of the GDP from service activities.

Advantage India

Sector
Overview

* As of May 2025, 6.44 crore MSMEs, with an employment of 26.77 crore are registered on Udyam Registration Portal and Udyam Assist Platform (UAP).

* The Union Ministry of Micro, Small, and Medium Enterprises has received an allocation of Rs. 23,168 crore in FY26 Union Budget, reflecting a 4.6% increase compared to the FY25 Budget.

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

* Under Pradhan Mantri Mudra Yojana (PMMY), In FY25 (until 21st February 2025), Rs. 4.14 lakh crore (US$ 47.6 billion) was sanctioned under 4.2 crore Mudra loans to non-corporate and non-farm MSEs.

* The "Raising and Accelerating MSME Performance" (RAMP) scheme, launched in 2022, has benefitted 4 lakh micro, small, and medium enterprises, with women-owned businesses making up over 38% of the registered MSMEs, highlighting the government's focus on empowering female entrepreneurs.

Policy
Support

* The Union Budget for FY26 has raised the investment limits for MSMEs by 2.5 times and doubled the turnover thresholds. Specifically, the new limits are as follows:

1. For micro-enterprises, the investment limit is now Rs. 2.5 crore (US$ 0.3 million), with a turnover limit of Rs. 10 crore (US$ 1.2 million).

2. For small enterprises, the investment limit has been set at Rs. 25 crore (US$ 2.9 million), and the turnover limit is Rs. 100 crore (US$ 11.5 million).

3. For medium enterprises, the investment limit is now Rs. 125 crore (US$ 14.4 million), while the turnover limit stands at Rs. 500 crore (US$ 57.6 million).

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Last updated: Aug, 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.

Company Website

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 200,000 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.

Company Website

Mohindra 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.

Company Website