New roadmap to boost MSMEs and startups

With policy reforms, financial incentives and institutional support, the Uttarakhand government is creating a robust ecosystem

- 

Uttarakhand government has unveiled a comprehensive action plan to bolster the Micro, Small, and Medium Enterprises (MSME) sector, with a focus on positioning the state as a global hub for startups, green industries, and high-quality local products. The new MSME policy emphasises sustainable, inclusive, and employment-generating enterprises, while ensuring ease of doing business for investors.

MSMEs at the core of state economy

Micro, small, and medium enterprises (MSMEs) are the backbone of Uttarakhand's economy, playing a vital role in generating employment and creating value-added products. With the government's renewed focus on strengthening this sector, special attention is being given to promoting startups that utilise local raw materials and encouraging enterprises in renewable and green energy. The state is also working towards developing pollution-free industries that are safe and sustainable, while enhancing manufacturing potential to ensure high-quality output. These efforts are expected to generate additional employment opportunities, contribute to the state's GDP, bring new investments and promote inclusive development.

Policy push and action plan