Formalization of MSMEs is the Ministry Of MSME’s primary target and their biggest ambition,” says MSME Secretary Shri B.B. Swain.

With over 6 crore MSMEs in the country and the majority of them in the unorganized sector, Shri B.B. Swain speaks about the role of UDYAM in helping MSMEs formalise in his Chief Guest Address at #MSMEBusinessConclave.


#MSMEBusinessConclave #msme

MSMEs touch the lives of every citizen of the country whether it is the neighborhood kiranawala going out of the way to deliver groceries at the eleventh hour or the next-door boutique making the favourite dress or even the small factory on the city’s outskirts supplying several components to one's favourite car brand.

To commemorate the integral role small businesses play in everyday lives and in a country's inclusive growth, FinancialExpress.com had organised #MSMEBusinessConclave on World MSME Day starting on June 27, 2022, and concluding on June 30, 2022.

The MSMEs Day series highlighted the areas that have the potential to offer a transformational change in the MSME sector. Spread over four days, it brought together regulators, MSME associations, small business owners, bankers, and technology service providers to deliberate on policies and solutions for the long-term sustainable growth of the sector.