https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

MSME Sector Now Accounts for 40% of India’s Total Production and Exports, Playing a Key Role in Economic Growth

Union Minister of State for MSME Shobha Karandlaje highlights sector’s role in national growth, announces new skill training centre in Bengaluru
Indian Masterminds Stories

New Delhi: Union Minister of State for Micro, Small and Medium Enterprises (MSME) Shobha Karandlaje highlighted the critical role of the MSME sector in India’s economic growth, stating that it contributes 40% to the country’s total production volume and exports. She made the remarks while inaugurating the MSME Marketing Summit organized jointly by National Small Industries Corporation Ltd (NSIC) and the Karnataka Small Scale Industries Association (KASSIA).

Addressing the gathering, the Minister said the MSME sector is a driving force behind India’s progress and has been actively contributing to key sectors including agriculture, food processing, defence, space, and artificial intelligence.

Skill Development & Viksit Bharat Vision

To further empower the sector, Karandlaje said the government, under the leadership of Prime Minister Narendra Modi, launched a dedicated Skill Training Division. The division focuses on equipping women and youth with globally competitive skills through various training programs and government schemes.

In a major announcement, the Minister revealed plans to establish a world-class training centre in the Peenya Industrial Area of Bengaluru, Karnataka — a move expected to boost skill development and entrepreneurship in the region.

Read also: PM Narendra Modi Invites Global Investors to Join India’s Rapid Economic Growth at Global Fintech Fest 2025

Call for Swadeshi and Atmanirbhar Bharat

Shobha Karandlaje emphasized the need for a ‘Swadeshi mindset’, urging stakeholders to contribute toward the vision of a self-reliant (Atmanirbhar) India. She also reaffirmed the government’s commitment to building a “Viksit Bharat” by 2047, marking 100 years of Indian independence.

Improved Market Access and Quality Standards

The Minister noted that the government has prioritized the promotion of local markets, as well as improved access to the Government e-Marketplace (GeM) and international platforms to boost MSME product visibility and ease of doing business.

She further stressed the importance of meeting global export-quality standards to ensure that Indian-made products remain competitive in the global market.

Highlighting sustainability, Karandlaje encouraged the production of organic food products to build a healthier society and cater to the growing global demand for natural and eco-friendly products.

Read also: Madhya Pradesh Travel Mart 2025 Set to Boost Global Tourism with Participation from 27 Countries in Bhopal


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
hpcl
HPCL Honored with HAI Excellence Award for Driving Affordable Green Hydrogen Adoption
mohan yadav
Madhya Pradesh CM Yadav Reviews Jal Jeevan Mission, Aims to Provide Safe Tap Water to Every Rural Household by 2027
Sonakhan development projects
Chhattisgarh CM Vishnu Deo Sai Honors Martyr Veer Narayan Singh, Launches 119 Development Projects in Sonakhan
women-led MSMEs India
Women-Led MSMEs Cross 2.86 Crore Mark Nationwide, Government Data Shows Strong Surge in Female Entrepreneurship
IBPS
Big Reform in IBPS Exams: DFS Introduces Major Overhaul in Banking Recruitment Cycle, New Result Timeline to Benefit Lakhs of Aspirants
National Biodiversity Authority ABS funds
India Disburses ₹6.2 Crore to Boost Endangered Red Sanders Protection and Rural Livelihoods in 5 States
prd
CM Pushkar Singh Dhami Announces Key Welfare Measures for PRD Personnel on Establishment Day in Dehradun
PFC logo resized Power Finance Corporation Ltd
Power Finance Corporation Appoints Vinita Narera as Additional Chief Vigilance Officer to Strengthen Governance
ADVERTISEMENT
ADVERTISEMENT
Videos
Kamal Nayan
Listening To Music Ad Nauseum After Fighting Criminals In Jharkhand 
Kamal Nayan Choubey IPS
How Armed Maoist Guerillas Lost Battle Against The Government
WhatsApp Image 2025-12-01 at 5.51
How Coal Mafia Gangs Thrive In Bihar’s Wasseypur?
ADVERTISEMENT
UPSC Stories
sjdhsdsjdhsjd
8 Years, 7 Attempts, 1 Dream: How Yogendra Nirmalkar Overcame Failures with Grit & Perseverance to Finally Crack CGPSC
Yogendra Nirmalkar cracked CGPSC after 8 years and 7 attempts, demonstrating remarkable grit, perseverance,...
Shatakshi Pandey
Scholar, Engineer, Women Topper: How Shatakshi Pandey Achieved Rank 1 in CGPSC-2024 After Continuous Prelims Setbacks (Exclusive)
Ms Pandey, female topper of CGPSC-2024, overcame repeated Prelims setbacks to achieve Rank 6 overall...
UPSC Interview
Debate Rekindled: Are UPSC Interviews Truly Free From Bias? What Aspirants and Former Officers Say
Despite the government’s clarification, aspirants and former officers say the issue is far from sett...
Social Media
elephant rescue Karnataka
Heroic Karnataka Elephant Rescue: How a 28-Hour “Impossible Mission” Became a Triumph of Wildlife Care, IFS Parveen Kaswan Shares Video
A trapped elephant was rescued after 28 hours in Karnataka through a massive, expertly coordinated Forest...
IFS leaf-whistling viral video
IFS Officer Shares Video of Tiger Reserve Guide’s Leaf-Whistling Talent, Internet Tries to Guess the Tune
Jaldapara National Park Guide Shows Extraordinary Leaf-Whistling Skills, Goes Viral
Shalabh Sinha IPS Singing
Who is IPS Shalabh Sinha? The Bastar SP Whose Kishore Kumar Rendition Took Social Media by Storm
IPS officer Mr. Shalabh Sinha’s soulful performance of “Rimjhim Gire Sawan” at Dalpat Sagar goes viral,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
hpcl
HPCL Honored with HAI Excellence Award for Driving Affordable Green Hydrogen Adoption
mohan yadav
Madhya Pradesh CM Yadav Reviews Jal Jeevan Mission, Aims to Provide Safe Tap Water to Every Rural Household by 2027
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Kamal Nayan
Kamal Nayan Choubey IPS
WhatsApp Image 2025-12-01 at 5.51
ADVERTISEMENT
ADVERTISEMENT