Number of Women-led Registered MSMEs In India Double To 20.5%

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In India, women-owned Micro, Small, and Medium Enterprises (MSMEs) are making strides, constituting 20.5 per cent of registered businesses. However, while their presence is significant, there is untapped potential for greater economic impact. Recent data from the Udyam Registration Portal revealed in Rajya Sabha insights into the landscape of women-owned MSMEs. Maharashtra, Tamil Nadu, Uttar Pradesh, and Karnataka emerge as frontrunners, hosting the highest number of such enterprises. This concentration underscores regional disparities and points towards opportunities for targeted interventions. Interestingly, while Maharashtra leads in sheer numbers, Tamil Nadu stands out for its higher employment contribution, suggesting a potential efficiency in job creation within its women-owned MSMEs. Delving deeper, informal Micro Enterprises (IMEs) registered through the Udyam Assist Platform reveal an even more pronounced presence of women entrepreneurs, constituting a significant 70.49 per cent. Read More