Government urges private-sector insights to shape agile, disruption-proof MSME policy.
At a PHD Chamber of Commerce and Industry (PHDCCI) forum in New Delhi, Joint Secretary of the Ministry of MSME, Ateesh Kumar Singh, urged India’s micro, small and medium enterprises (MSMEs) to actively share real-time data with the government. He stressed that accurate industry insights can help policymakers design agile, disruption-proof strategies for the sector.
Singh highlighted that MSMEs, which contribute nearly one-third of India’s GDP and employ over 110 million people, remain vulnerable to supply chain disruptions, global volatility, and rapid technological shifts. The pandemic underscored these weaknesses, revealing how a lack of timely data hampered both preparedness and recovery.
According to Singh, data from entrepreneurs—whether related to credit flow hurdles, logistics costs, or barriers to adopting green and digital technologies—can directly inform government schemes. Such inputs will allow policies to become proactive instead of reactive. Industry leaders at the forum echoed this sentiment, agreeing that collaboration can prevent duplication of efforts and ensure resources are used more effectively.
He further noted that India’s ambitions to become a global manufacturing hub depend on the competitiveness of its MSMEs. With global supply chains being restructured, Indian enterprises have a chance to step up, but seizing that opportunity requires resilience and agility. Accurate, real-time data, Singh emphasized, is the bridge between challenges and solutions.
The forum also discussed how digital platforms could expand market access, how sustainable practices could align MSMEs with global compliance, and how skilling initiatives could be tailored to industry clusters. By pooling insights, MSMEs can strengthen not just their survival against disruptions but also their innovation for future growth. The message was clear: policymaking can no longer be a one-way street. Government and industry must co-create, with resilience built on the foundation of shared responsibility and real numbers.