Manjhi: MSMEs account for 30.1% of GDP and 45.73% of exports
On 4 July 2025 in Mumbai, MSME Minister Jitan Ram Manjhi said MSMEs account for 30.1% of India's GDP, 35.4% of manufacturing and 45.73% of exports, with over 3.80 crore units on the Udyam portal.
Summary
Union MSME Minister Jitan Ram Manjhi told a press conference in Mumbai on 4 July 2025 that the MSME sector accounts for 30.1% of India's GDP, 35.4% of manufacturing and 45.73% of exports. Manjhi said the Udyam portal, launched on 1 July 2020 for free, paperless and self-declared registration of MSMEs, has more than 3.80 crore units in its database (static: launch date and model from the release). The press conference followed his visits to IDEMI and KVIC offices in Mumbai on 3 July.
Key facts
- MSME share
- 30.1% of GDP; 35.4% of manufacturing; 45.73% of exports
- Udyam portal (static)
- Launched 1 July 2020; free, paperless, self-declared registration; 3.80 crore+ units
- Venue
- Mumbai, 4 July 2025
Practice MCQs 2 questions
According to MSME Minister Jitan Ram Manjhi (4 July 2025), what share of India's GDP does the MSME sector account for?
Show answer
Correct answer: A — 30.1%
MSME Ministry: MSME accounts for 30.1% of India's GDP, 35.4% of manufacturing and 45.73% of exports.
The Udyam portal for MSME registration, which had over 3.80 crore units by July 2025, was launched on which date?
Show answer
Correct answer: C — 1 July 2020
MSME Ministry: the Udyam portal, launched on July 1, 2020, offers a free, paperless and self-declared registration process and has more than 3.80 crore units.