In India, Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the country’s economic growth, generating employment and contributing significantly to the GDP. However, accessing credit has often been a significant challenge for such enterprises, especially for startups and small-scale businesses. This is where responsible lending plays a transformative role. At LendingKart, responsible lending […]
6.2% Industrial Growth vs. 3.8% Agriculture: Why Manufacturing Offers Better MSME Returns
For decades, agriculture formed the backbone of India’s economy. It supported millions of livelihoods, ensured food security, and shaped the country’s social and economic framework. Today, that foundation is being reshaped. As India GDP growth moves into a more competitive phase, the economy is steadily shifting toward sectors with higher momentum. Recent figures underline
What MSMEs Can Learn from ET SME Summit Vadodara: Building Partnerships for the Next Growth Phase
India’s MSME sector plays a vital role in driving employment, innovation, and industrial growth. However, as markets evolve and competition increases, small businesses must constantly adapt to new challenges and opportunities. The Economic Times Make in India SME Regional Summit – Vadodara highlighted many of these evolving trends. Held on February 20 in Vadodara,
Union Budget 2026: Implications for Gold and Silver Markets and MSME Jewellers in India
A small policy shift can often trigger wide market reactions, especially when it involves gold and silver. In India, where precious metals are closely tied to savings, celebrations, and investments, even subtle changes can set the market buzzing. In the Union Budget, the Finance Minister announced a reduction in the import duty on gold
MSMEs are the backbone of India’s manufacturing economy. They support large industries, create employment, and contribute significantly to exports and domestic production. However, recent fluctuations in raw material costs, especially the rising steel price, have created serious financial pressure for many small businesses. A recent report highlighted that a sharp rise in steel costs
Clean Energy is Creating New MSME Opportunities: How Small Businesses Can Tap the Green Transition
The global shift towards sustainability is transforming industries and creating new economic possibilities. As countries accelerate efforts to reduce carbon emissions, clean energy has emerged as one of the fastest-growing sectors worldwide. This transition is not only benefiting large corporations but also opening significant business opportunities for Micro, Small, and Medium Enterprises (MSMEs). For
What the RBI’s Proposal to Increase Collateral-Free Loan Limits Means for MSMEs
Micro, Small, and Medium Enterprises (MSMEs) are referred to as the backbone of India’s economy. They contribute significantly to employment, innovation, and exports. However, access to timely finance has always been one of the biggest challenges for small businesses. In a major step to address this issue, the Reserve Bank of India has proposed