SIDBI Launches Industry Portal to Empower India's 63M MSMEs and Startups
The Development of Industry Associations - National Conclave 2025 concluded with a collective vision for India's Micro, Small, and Medium Enterprises (MSMEs) and startups. The conclave, attended by 150 delegates from across 23 states, saw the launch of the SIDBI Industry Portal, a digital gateway aimed at empowering and unifying India's vast MSME ecosystem.
The portal, launched by the Small Industries Development Bank of India (SIDBI), is designed to provide greater visibility and easier connections for India's 63 million MSMEs and thousands of startups. It aims to enhance supply chain integration, support sustainability and innovation practices, and facilitate access to financial institutions and policymakers.
The DIA Industry Portal is not just a platform; it's a digital ecosystem that seeks to transform MSME associations into startup-style growth engines. It aspires to help clusters innovate, collaborate, and scale globally. By providing capacity building, digital support, and policy advocacy in one place, the portal aims to professionalize associations and create a unified voice for MSMEs and startups.
Recognizing the significance of MSMEs to the Indian economy, the portal's development comes at a time when MSMEs contribute 30% of India's GDP, employ 30 crore people, and account for nearly half of exports. SIDBI, through this portal, aims to provide financial support, cluster development, and now a digital ecosystem to empower MSMEs across India.
The SIDBI Industry Portal, launched at the conclave, is set to revolutionize the way MSMEs and startups operate and grow in India. By providing a centralized platform for access to financial services, resources, and government schemes, the portal promises to promote ease of doing business and support the growth and development of MSMEs. As MSMEs and startups are positioned as the anchors of Viksit Bharat 2047, this digital initiative is poised to drive job creation, exports, and technological breakthroughs, thereby contributing significantly to India's economic growth.
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