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
Punjab CM Interactive Session at MGSIPA
Punjab Govt Transfers 4 IAS, 30 PCS Officers; Pallavi Mishra Appointed ADC Amritsar, New ADCs Posted Across Districts
CBI-New
CBI Summons Haryana-Cadre IPS Officer in ₹5,000-Crore Puducherry Counterfeit Medicine Racket Probe
hemant cm
Jharkhand CM Hemant Soren Pushes Industrial Growth, AI Mining and Investment Boost at NITI Aayog Meeting
Bihar Tourism
Bihar: Rajdhani Reservoir in Patna to Become Eco-Tourism Hub with High-Tech Nature Interpretation Centre by October
Kaushik Anvantrai Karelia Disproportionate Assets Case
DGCA Regional Director, Haryana-Cadre IPS Officer Under CBI Scanner in Alleged ₹3-Crore Bribery Conspiracy
National_Thermal_Power_logo
NTPC Elevates C. Satya Rama Krishna as Executive Director, Strengthening Power Generation Leadership
NRDC
NRDC and Gandhigram Rural Institute Sign MoA to Drive Innovation and Rural Transformation in India 
NTPC
Surya Narayan Panigrahi Appointed Executive Director (HR) at NTPC Northern Region HQ 
ADVERTISEMENT
ADVERTISEMENT
Videos
Madhukar Kumar Bhagat
How an IRS Officer Spent Five Years Decoding 4,000 Years of Indian Culture
ajay suri
When The Entire Film Crew Was At The Mercy of King Cobra
Manisha Khatri
How IAS Officer Manisha Khatri IS Turning Nashik Kumbh 2027 Into A Digital Mega City
ADVERTISEMENT
UPSC Stories
Shreya Jha UPSC CSE 2025
AIR 357 Shreya Jha on Cracking UPSC CSE 2025: ‘Understand the Exam Before Trying to Conquer It’
AIR 357 Shreya Jha shares her UPSC CSE 2025 success story, preparation strategy, law optional approach,...
aayush swami
What Happened in Class 10 Changed His Entire Life:  Aayush Swami's Story Is About More Than UPSC
From a small village in Madhya Pradesh to securing AIR 461 in UPSC CSE 2025, Aayush Swami’s story blends...
Brijesh Parmar RAS
Failed Class 12, Failed BA First Year, Chose Dance, Then Cracked RAS Twice: The Story of Brijesh Parmar
Failed Class 12 and BA first year, pursued professional dance, then cracked RAS twice. Read Brijesh Parmar's...
CSR NEWS
SECL
SECL Launches Model Anganwadi Centre in Bilaspur Under ₹4.72 Crore CSR Push for Early Childhood Education 
Under a larger plan to modernise 200 Anganwadi centres, SECL expands community development efforts with...
NTPL
NTPL Signs ₹2.97 Crore CSR MoU with Gandhigram Rural Institute to Establish Gandhi Museum in Tamil Nadu
Project aims to preserve Mahatma Gandhi’s legacy through education, research, and heritage conservation...
NCL
NCL Signs ₹25 Lakh MoU with Singrauli Administration for Jal Ganga Sanvardhan Abhiyan Water Conservation Project
CSR initiative to build three ponds in Chitrangi block aims to boost groundwater recharge, irrigation...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Punjab CM Interactive Session at MGSIPA
Punjab Govt Transfers 4 IAS, 30 PCS Officers; Pallavi Mishra Appointed ADC Amritsar, New ADCs Posted Across Districts
CBI-New
CBI Summons Haryana-Cadre IPS Officer in ₹5,000-Crore Puducherry Counterfeit Medicine Racket Probe
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Madhukar Kumar Bhagat
ajay suri
Manisha Khatri
ADVERTISEMENT
ADVERTISEMENT