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Key Points

MSMEs are pivotal to India's goal of becoming a Viksit Bharat by 2047, as highlighted by Dr Rajneesh. At the CII Annual Business Summit 2025, he articulated the need for collaboration and industry integration to enhance growth. The launch of the CII MSME Export Helpdesk aims to boost competitiveness and productivity for these enterprises. With over 60 million MSMEs, India has vast potential to mirror global successes like Germany, setting the stage for becoming self-reliant.

Key Points: MSMEs Crucial in Achieving Viksit Bharat by 2047 Vision

  • MSMEs vital for India becoming Viksit Bharat by 2047
  • Dr Rajneesh emphasizes industry collaboration
  • CII partners launch Export Helpdesk for MSMEs
  • R. Mukundan outlines four pillars for MSME growth
2 min read

MSMEs hold the key towards becoming a Viksit Bharat

Dr Rajneesh highlights MSMEs' role in India's Viksit Bharat goal, emphasizing growth and collaboration.

"MSMEs create opportunities that are a win-win for collaboration. - Dr Rajneesh"

New Delhi, May 31

Micro, small and medium enterprises (MSMEs) are the key towards becoming a Viksit Bharat by 2047, and it is the right time to speak about Industry and MSME collaboration to celebrate their contribution to India’s aspirations, a top government official has stressed.

India, in its aspiration, has been constantly growing, from being the 10th largest economy 10 years ago to currently the 4th largest economy.

According to Dr Rajneesh, Additional Secretary and Development Commissioner, Ministry of MSMEs, through vendor development programmes, technology upgradation, transfer of technologies, and integration of SMEs in the supply chain, “we can create an opportunity that is a win-win situation for players on both sides of the collaboration, as MSMEs get an opportunity to grow and industry gets an opportunity to source their requirements domestically with emphasis on Atmanirbhar Bharat and a Viksit Bharat”.

Dr Rajneesh launched the ‘CII MSME Export Helpdesk,' during ‘CII Annual Business Summit 2025’, expressing optimism for its role in scaling MSMEs to drive competitiveness and productivity.

R. Mukundan, Vice President, CII deliberated on the four basic pillars for unlocking the full potential of MSMEs. The pillars include building skills and capability, ensuring that they can work with less regulatory oversight.

“Other than employment generation, exports play a critical role as they allow us to plug into the global value chain. In sectors like textile, agricultural processing, and leather, MSMEs lead the way in supplying materials around the world,” he mentioned.

Their grassroot presence makes them the backbone of evolving India into a high-performing, competitive enterprise in the future.

Making a comparison with the global scenario, Sunil Mathur, Managing Director and Chief Executive Officer, Siemens India, said that 27 million are employed in small and medium enterprises in Germany, a country of 84 million people, who contribute to 55 per cent of the GDP.

India, thus, has enormous potential with 60 million enterprises, he added.

—IANS

- IANS

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Reader Comments

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Priya K.
MSMEs are truly India's unsung heroes! 🇮🇳 My uncle runs a small textile unit in Surat and employs 30 people. With better tech and export support, his business could grow 5x. The government's focus on vendor development is much needed. Jai Hind!
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Amit S.
Good initiative but implementation is key. Many small businesses in my area still struggle with GST compliance and loan approvals. Hope this export helpdesk actually reaches tier-2/3 cities where most MSMEs operate.
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Rahul M.
The Germany comparison is eye-opening! If our 60 million MSMEs get proper skilling and tech upgrades, imagine the employment potential. Make in India + Skill India + MSME growth = Perfect recipe for Viksit Bharat 2047.
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Sunita P.
As a woman entrepreneur running a food processing unit, I welcome this focus on MSMEs. But banks still hesitate to give loans without collateral. Need more women-centric schemes to truly tap this potential. #NariShakti
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Vikram J.
MSMEs contribute nearly 30% to our GDP but face so many challenges - from power cuts to delayed payments. Hope the 'less regulatory oversight' promise materializes soon. Less paperwork = more productivity!
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Neha T.
The textile and leather sectors mentioned here are dominated by traditional artisans. While exports are good, we must also preserve our handicraft heritage. Can the helpdesk include design innovation support?

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