Micro, Small, and Medium Enterprises (MSMEs) are vital to the global economy, accounting for 50% of GDP and 60-70% of total employment worldwide. In India, MSMEs are the backbone of the economy, contributing approximately 30% to the country’s GDP and 48% of total exports. They represent 45% of India’s manufacturing output and employ around 155 million people, which constitutes 62% of the nation’s workforce.

The Ministry of MSME in India supports the growth and development of this sector through various initiatives, including credit support, technological assistance, infrastructure development, skill enhancement, and market access. While both Central and State governments are implementing numerous initiatives to uplift this sector, a significant barrier to full utilization of these schemes at the grassroots level is the lack of awareness and navigational support.

To address this gap, MSME Mantra (Micro, Small & Medium Entrepreneurship Mantra) has been established to provide hands-on support. Whether you are a beginner, an established entrepreneur, or a woman entrepreneur, there are government grants available for all segments. You can start your venture with minimal capital through government schemes, seek capital investment incentives for expansion if you’re an existing entrepreneur, or access programs designed to formalize your business and receive benefits if you are a small woman entrepreneur operating informally.