SME Sector: Backbone of India's Economy Sees Digital and Financial Transformation
By MSME Desk · August 15, 2026, 7:52 am · 11,249 views
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Over 6 crore MSMEs are being digitized through the Udyam portal, GST integration, and fintech solutions. The sector employs over 11 crore people and accounts for 45% of India's exports. Government schemes like the Emergency Credit Line Guarantee Scheme (ECLGS) have provided ₹3 lakh crore in credit support. With increasing access to technology, finance, and markets, MSMEs are becoming more competitive and globally integrated.
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