Economic Survey 2026 Highlights MSMEs as Key Drivers of Manufacturing, Exports and Employment

Last updated: 30 January 2026

MICRO, SMALL, AND MEDIUM ENTERPRISES FORM THE BACKBONE OF INDIA'S INDUSTRIAL ECONOMY: ECONOMIC SURVEY 2025-26 MSMEs ACCOUNT FOR 35.4 PER CENT OF MANUFACTURING, 48.58 PER CENT OF EXPORTS, AND 31.1 PER CENT OF GDP MSME CREDIT REMAINED THE PRIMARY DRIVER OF INDUSTRIAL CREDIT GROWTH DURING H1FY26 THE

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