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MSMEs' current 30% economic contribution is expected to increase to 40% by 2027: Ugro Report prsync.comban site

MSMEs Set to Power India's Economic GrowthNoida, September 26, 2024: According to a recent Ugro report, the Micro, Small, and Medium Enterprises (MSMEs) sector is expected to assume an even more significant role in India's economic landscape. According to the report, by 2027, the sector's share of the GDP of the nation will rise from 30% to 40%.This significant growth trajectory is indicative of the MSME sector's resilience and potential. As the backbone of the Indian economy, MSMEs...
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