President of India graces MSME Day celebration

A robust MSME ecosystem is not only important but also essential for the country's sustainable economic development: President Murmu

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The President of India, Smt Droupadi Murmu graced and addressed the MSME Day celebration in New Delhi friday (June 27, 2025).

Speaking on the occasion, the President said that Micro, Small and Medium Enterprises (MSMEs) are a strong pillar of the country's economy. They contribute significantly to GDP and promote innovation at the grassroots level. A robust MSME ecosystem is not only important but also essential for the country's sustainable economic development. These enterprises generate more employment opportunities at a relatively low cost of capital. Most importantly, these enterprises generate employment in rural and backward areas. In this way, the MSME sector contributes to inclusive growth by empowering weaker sections and decentralizing development.