MSME Industry in India

As of March 2026, over 7.9 crore MSMEs were registered across the Udyam Portal and Udyam Assist Platform, marking a major milestone in MSME digitization.

Advantage India

Sector
Overview

*As of March 2026, over 7.9 crore enterprises were registered across both platforms, 4.72 crore on the Udyam Portal and 3.21 crore on the Udyam Assist Platform. This marks a significant milestone in MSME digitization.

*The Union Ministry of Micro, Small, and Medium Enterprises has received an allocation of Rs. 23,168 crore (US$ 2.7 billion) in FY26 Union Budget, reflecting a 4.6% increase compared to the FY25 Budget.

Statutory
Bodies

*The MSME Ministry heads five statutory bodies; KVIC, Coir Board, NSIC, NI-MSME and the MGIRI

*These bodies are responsible for aiding MSMEs with respect to government schemes and policies

Government
Schemes

*The Government is promoting entrepreneurship and financial inclusion through the Pradhan Mantri Mudra Yojana (PMMY), which provides collateral-free institutional credit of up to Rs. 20 lakh (US$ 0.23 million) for non-corporate, non-farm income-generating activities. As of March 27, 2026, the scheme had sanctioned over 57.79 crore loans worth Rs. 40.07 lakh crore (US$ 453.39 billion), including Rs. 5.65 lakh crore (US$ 63.93 billion) sanctioned during FY26 (as on March 27, 2026).

*The Government is strengthening traditional livelihoods through the PM Vishwakarma Scheme. As of March 2026, over 30 lakh artisans had registered under the scheme, while nearly 5.9 lakh enterprise development loans worth Rs. 5,050 crore (US$ 571.42 million) and over 25.8 lakh toolkit incentive e-vouchers had been approved.

Policy
Support

*Under PMEGP, more than 10.71 lakh micro enterprises have been supported since inception through margin money subsidies worth Rs. 29,249.43 crore (US$ 3.3 billion). The scheme has generated estimated employment for 87 lakh+ persons, reinforcing entrepreneurship-led livelihood creation.

*The government has launched the Export Promotion Mission (EPM) with an outlay of Rs. 25,060 crore (US$ 2.76 billion) for FY26–FY31 to strengthen MSME exports. The mission provides trade finance support, interest subvention, credit guarantees and logistics assistance, while also improving market access, export compliance, branding and overseas warehousing to enhance the global competitiveness of Indian MSMEs.

Snapshot Showcase Infographics Reports

Last updated: Sep, 2026

Elkay Chemicals Private Ltd

Established in 1990, Elkay Chemicals Pvt. Ltd. is a performance silicone products manufacturer for the Indian and global markets offering over 80 high performance products across sectors such as agriculture, pharmaceuticals, personal care, petrochemicals, rubber and tyre, construction, textiles, industrial/ distillery etc. The company is a major exporter of silicone products & solutions. Some of the customers of the company include Bharat Petroleum, Bridgestone, Cipla etc.

Company Website

Line O Matic Graphics Industries

Line O Matic Graphics Industries is a family own business manufacturing exercise notebook machinery, paper converting machinery and packaging machinery. The company infrastructure is spread over more than 450,000 sq. ft. It is the first factory in Ahmedabad to be equipped with 200KW of solar power generation plant.

Line O Matic has also established an ultra-modern manufacturing set ups with brand new machines from leading countries for the best quality production. It also possesses in-house various types of CNC machines. All units have established and applied a stringent quality control system for design, development and production of paper converting machinery.

Company Website

Mohindra Fasteners Limited

Mohindra Fasteners is a manufacturer of screws and automotive parts. The company manufactures a wide range of industrial set up for spherodised annealing and wiredrawing to be able to provide desired mechanical properties for forging and machining facilities. The manufacturing plants are equipped with CNC machines, vertical milling machine, heat treatment line, PLC controlled Surface treatment facility etc. The company has initiated construction of a greenfield expansion at a new location at IMT Rohtak.

Company Website

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