MSMEs exports have witnessed a remarkable rise, increasing from Rs 3.95 lakh crore in 2020-21 to Rs 12.39 lakh crore in 2024-25, underscoring their critical role in boosting India's economy and strengthening global trade.MSMEs demonstrated an exemplary growth trajectory, contributing 45.73 per cent to exports in 2023-24, which increased to 45.79 per cent by May 2024, highlighting their growing impact on India's trade performance.Notably, the gross value added (GVA) by MSMEs in India's GDP was 29.7 per cent in 2017-18 which rose to 30.1 per cent in 2022-23.These figures highlight the sector's pivotal role in driving economic growth and stability, reflecting its enduring strength and importance to the Indian economy, said the Ministry of Micro, Small and Medium Enterprises.

Exporting MSMEs up to 1,73,350 in 2024-25: Centre

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