In the financial year of 2016, the number of MSMEs in the country was projected to reach 63 million, up from about 36.2 million in fiscal year 2007. A linear increase in the number of enterprises was seen over the years.
Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016
(in millions)
Characteristic
Number of enterprises in millions
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Estimates were based on trends of number of working enterprises, employment, and market value of fixed assets from the Fourth All India Census of MSME conducted in FY 2007.
Figures have been rounded for clarity.
India's financial year begins in April and ends in March. For example, FY 2007 started in April 2006 and ended in March 2007.
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Ministry of Micro, Small and Medium Enterprises (India). (February 15, 2023). Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016 (in millions) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/718341/india-number-of-msmes/
Ministry of Micro, Small and Medium Enterprises (India). "Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016 (in millions)." Chart. February 15, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/718341/india-number-of-msmes/
Ministry of Micro, Small and Medium Enterprises (India). (2023). Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016 (in millions). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/718341/india-number-of-msmes/
Ministry of Micro, Small and Medium Enterprises (India). "Number of Micro, Small and Medium Enterprises (Msmes) across India from Financial Year 2007 to 2016 (in Millions)." Statista, Statista Inc., 15 Feb 2023, https://www.statista.com/statistics/718341/india-number-of-msmes/
Ministry of Micro, Small and Medium Enterprises (India), Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016 (in millions) Statista, https://www.statista.com/statistics/718341/india-number-of-msmes/ (last visited September 01, 2024)
Number of Micro, Small and Medium Enterprises (MSMEs) across India from financial year 2007 to 2016 (in millions) [Graph], Ministry of Micro, Small and Medium Enterprises (India), February 15, 2023. [Online]. Available: https://www.statista.com/statistics/718341/india-number-of-msmes/