MSMEs Drive Growth

MSMEs are driving India's next phase of growth and global competitiveness through increasing formalisation and depth of the entrepreneurial ecosystem with the help of Udyam Registration Portal and Udyam Assist Platform, this is expected to boost the economy and create more jobs, the sector is seeing significant growth and is likely to play a major role in the country's development, the Udyam Registration Portal and Udyam Assist Platform have been instrumental in helping MSMEs to register and access various benefits and services, this has led to an increase in the number of formalised MSMEs in the country, which in turn is expected to contribute to the country's economic growth