MSMEs contribution to economy set to rise upto 40 pc by 2027 from current 30 pc: U Grow Report

New Delhi [India], September 26 (ANI): The contribution of Micro, Small, and Medium Enterprises (MSMEs) to India's Gross Domestic Product (GDP) is expected to grow significantly over the next few years.

According to a report by U Grow, the share of MSMEs in the country's GDP is currently around 30 per cent and is likely to increase to around 40 per cent by 2027.

The report also highlighted that the MSMEs will play a cruci