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Medium Enterprises Hold Key To India's Export Growth And Job Creation: NITI Aayog

  • NITI Aayog released the report "Designing a Policy for Medium Enterprises" on May 26, 2025, in New Delhi to address medium enterprise growth.
  • The report responds to a structural imbalance where medium enterprises form only 0.3% of MSMEs but contribute nearly 40% of exports and employ over 60% of the workforce.
  • It outlines several challenges encountered by medium enterprises, such as limited access to customized financial products, insufficient research and development support, slow adoption of new technologies, inadequate sector-specific testing facilities, and misalignment between training programs and industry requirements.
  • The report outlines a six-priority intervention framework featuring a ₹5 crore credit card, working capital linked to turnover, upgraded Industry 4.0 Centres, an R&D cell, and a digital sub-portal with AI assistance.
  • This policy aims to unlock medium enterprises' innovation and export potential, making them pivotal to India’s Viksit Bharat @2047 vision through inclusive governance and strategic support.
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indtoday.com broke the news in on Monday, May 26, 2025.
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