NITI Aayog has launched a strategic six-point roadmap to strengthen medium enterprises, aiming to transform them into key drivers of India’s economy. Though they represent just 0.3% of MSMEs, medium enterprises contribute 40% of MSME exports.
Key Highlights:
- Launch of financial tools including ?5 crore credit cards and turnover-linked working capital schemes.
- Upgradation of technology centers into SME 4.0 Competence Centres for Industry 4.0 adoption.
- Establishment of an R&D cell to fund cluster-based innovation using the Self-Reliant India Fund.
- Creation of regional testing and certification hubs to support quality and compliance.
- Alignment of skill development with enterprise-specific needs and ESDPs.
- Dedicated Udyam sub-portal with AI support for schemes, compliance, and navigation.
This roadmap aligns with the "Viksit Bharat @2047" vision and emphasizes inclusive growth and policy innovation.