New Delhi, Dec 30 (.) The Ministry of Micro, Small and Medium Enterprises (MSME) marked 2025 as a landmark year, registering major gains in formalisation, credit access, digital governance, and global outreach, according to its Year-End Review released by the ministry on Tuesday.
One of the biggest highlights was the surge in formalisation, with Udyam Registrations crossing 7.3 crore enterprises since 2020, reflecting accelerated integration of MSMEs into the formal economy.
To further support scale and competitiveness, the government revised MSME classification thresholds from April 1, increasing investment and turnover limits to enable enterprises to grow without losing MSME benefits.
Access to finance also saw a significant boost. The Credit Guarantee Scheme for Micro and Small Enterprises (CGSMSE) completed 25 years, crossing one crore guarantees.
During 2025 alone, over 29 lakh guarantees amounting to Rs 3.77 lakh crore were approved, while the guarantee cover ceiling was doubled to Rs 10 crore.
Special incentives were also introduced for enterprises promoted by transgender entrepreneurs.
The Prime Minister Vishwakarma scheme emerged as another major success, achieving its target of 30 lakh beneficiary registrations within two years.
The scheme delivered skill training, collateral-free loans, digital enablement, and modern toolkits to artisans and craftspeople across the country, strengthening traditional livelihoods with modern support systems.
In the Khadi and Village Industries sector, sales crossed Rs 1.27 lakh crore during FY 2025–26 (till November), reinforcing the government’s push for ‘Vocal for Local’ and ‘Atmanirbhar Bharat’.
Coir exports also rose sharply, touching Rs 5,260 crore between January and October 2025, supported by skill development and global marketing initiatives.
On the technology and governance front, the Ministry aligned nearly one lakh MSME assets with the PM Gati Shakti National Master Plan through geo-mapping, enabling data-driven planning and efficient resource allocation.
New initiatives such as the MSME Hackathon 5.0 and the Online Dispute Resolution (ODR) portal further strengthened innovation and ease of doing business.
The year also saw strengthened international cooperation, with multiple MoUs signed with countries including Mauritius, Thailand, Slovakia, and Malaysia to promote MSME collaboration, technology transfer, and market access.
Overall, 2025 stood out as a year of consolidation and expansion for India’s MSME ecosystem, with policy reforms and digital initiatives laying the foundation for sustained industrial growth and inclusive development.
. VK VAN SRY