NITI Aayog offers roadmap for transforming medium enterprises into India’s growth engines

NEW DELHI : NITI Aayog on Monday released a report, “Designing a Policy for Medium Enterprises“, here, offering a comprehensive roadmap to transform medium enterprises into future growth engines of India’s economy.

Launched by Shri Suman Bery, Vice Chairman, NITI Aayog, in the presence of Dr. V.K. Saraswat, Member, NITI Aayog and Dr. Arvind Virmani, Member, NITI Aayog, the report highlights the critical, yet under-leveraged role played by medium enterprises and outlines targeted interventions to unlock their full potential.

The report examines the structural skew in the MSME sector, which contributes 29% to India’s GDP, 40% of exports, and employs over 60% of the workforce.

Additionally, the report also identifies medium enterprises as strategic actors in India’s journey toward self-reliance and global competitiveness under Viksit Bharat 2047.

This report underscores the need for inclusive policy design and collaborative governance to unlock the full potential of medium enterprises—positioning them as pivotal drivers of innovation, employment, and exports in India’s journey towards Viksit Bharat 2047.