MSMEs are the backbone of our economy. As of recent reports, the MSME contribution to GDP stands at around 30% of India’s total GDP. These enterprises are key to Atmanirbhar Bharat (self-reliant India), catalyzing economic growth. Moreover, the Indian Government is proactively encouraging youth to become employment providers rather than job seekers. MSMEs contribute substantially to the exports of the country, and these initiatives will not only bring synergy, but will also create a ripple effect throughout the country.

All India Business and Community Foundation (AIBCF) takes pride in identifying these backbones of the flourishing economy like India and honouring them with the “Promising MSME Award.” AIBCF remains a regular information bureau for the individuals who own any of the Micro, Small and Medium Enterprises to know the new additions and amendments made in the sector as and when notified by the Ministry of MSME.