NITI Aayog, Government of India
NITI Aayog, Government of India
May 26, 2025 at 10:24 AM
Transforming Medium Enterprises: Unlocking India's Growth Engines NITI Aayog today released a report, "Designing a Policy for Medium Enterprises", in New Delhi, offering a comprehensive roadmap to transform medium enterprises into future growth engines of India’s economy. Launched by Shri Suman Bery, Vice Chairman, NITI Aayog, in the presence of Dr. V.K. Saraswat, Member, NITI Aayog and Dr. Arvind Virmani, Member, NITI Aayog, the report highlights the critical, yet under-leveraged role played by medium enterprises and outlines targeted interventions to unlock their full potential. The report examines the structural skew in the MSME sector, which contributes 29% to India’s GDP, 40% of exports, and employs over 60% of the workforce. Additionally, the report also identifies medium enterprises as strategic actors in India's journey toward self-reliance and global competitiveness under #viksitbharat2047. This report underscores the need for inclusive policy design and collaborative governance to unlock the full potential of medium enterprises—positioning them as pivotal drivers of innovation, employment, and exports in India’s journey towards Viksit Bharat@2047. 🔗 Read the full report: https://www.niti.gov.in/sites/default/files/2025-05/Designing-a-Policy-for-Medium-Enterprises.pdf
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