Indian State-Wise Ministry of Micro, Small and Medium Enterprises datasets

The Micro, Small and Medium Enterprises (MSME) sector is widely recognised as a crucial catalyst for economic growth on a global level.

MSMEs are divided into two categories under the Micro, Small, and Medium-Sized Enterprises Development (MSMED) Act, 2006:

Manufacturing Enterprises - Businesses that make or produce items for an industry listed in Schedule 1 of the Industries (Development and Regulation) Act of 1951. Investment in Plant and Machinery is used to characterise Manufacturing Enterprises.
Service Enterprises - Businesses that offer or perform services, classified according to their capital expenditures.

Significance of MSME

It is widely acknowledged that MSMEs drive economic growth and foster equal development on a global scale. Most economies rely heavily on MSMEs, which make up more than 90% of all businesses and are credited with creating the most new jobs and driving industrial production and exports.

Small and medium-sized enterprises (SMEs) are vital to the success of India's industrial sector. More than 8000 value-added items are made by India's MSMEs, which comprise more than 80% of the country's industrial firms. It is estimated that over six crore people are employed by the industry, which accounts for 45% of the country's manufacturing output and 40% of its overall exports.

MSME growth has outpaced industrial development in recent years. The main benefit of the industry is the cheap capital investment required to create jobs. It is estimated that six crore people are working in this sector across 2.6 crore businesses and that the labour intensity in the MSME sector is roughly four times higher than that of significant companies.

Contribution

MSMEs play a crucial economic role by creating jobs and boosting exports. The industry is estimated to be responsible for around 40% of India's overall exports and 45% of the country's manufacturing output. About 42 million people are employed in over 13 million MSME establishments nationwide. Indian MSMEs produce almost 6,000 goods, from everyday necessities to cutting-edge technologies.

Datasets

The datasets provided here consist of the registered units under the Udyog Aadhaar Memorandum for MSMEs up until the most recent date.

The catalogue encompasses various data points about registered MSMEs, including the unit name, unit address, enterprise type, investment in plant and machinery, employment figures, national industrial classification code, kind of organisation, unit location, social category, commencement date, DIC name, and registration date.

Sources of Article

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