MSME sector contributes 30% to GDP: Gadkari

Mr. Nitin Gadkari, the Union Minister of Micro, Small & Medium Enterprises (MSME), stated that the MSME sector accounts for 30% of India's Gross Domestic Product (GDP) and 48% of exports. Currently, MSME is the country's most important market, and the backbone of the Indian economy. It makes a 30% contribution to GDP. It is 48% as far as exports are concerned.

11 crore jobs have been generated by MSME so far, stated Mr. Gadkari at the opening of the 'Namaste Bharat' exhibition in Nagpur via video conference.

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