MSME Financing Market in India 2023: Sector Remains India's Second Largest Employer


Dublin, March 21, 2023 (GLOBE NEWSWIRE) -- The "MSME Financing Market in India 2023" report has been added to ResearchAndMarkets.com's offering.

Micro, Small, and Medium Enterprises (MSME) play a pivotal role in the Indian economy. The small and medium-sized manufacturing enterprises are mainly concentrated in the rural regions of the country, whereas the trading and other operational enterprises are mainly based in the urban areas.

The government has introduced several policies which extend loan facilities to MSMEs to address the problem of unavailability of enough credit.

Market Insights:

As of FY 2022, the MSME industry offered employment to more than 111 million people and is the second-largest employment-generating sector in India (agriculture is the largest). In India, around 33 million MSMEs are in rural regions and 31 million are in urban areas. The sector contributes ~29% to the country's GDP, which is expected to reach 50% by 2025.

Credit Supply to the MSME Sector in India:

Traditionally, public sector banks led credit disbursement to MSMEs, with a 50% share before 2019. However, since then, they have ceded shares to private banks. As of August 2022, the MSME sector faced a credit gap of INR 20-25 Tn against an outstanding amount of INR 22.3 Tn.

Key Topics Covered:

Chapter 1: Executive Summary

Chapter 2: Socio-economic Indicators

Chapter 3: Introduction
3.1. Market definition and structure

Chapter 4: MSME Sector in India
4.1. India MSME sector - Overview
4.2. Number of MSMEs in India - rural vs urban split (FY 2022)
4.3. Number of MSMEs in India - split based on types of enterprises (FY 2022)
4.4. Number of MSMEs in India - activity-wise split (FY 2022)
4.5. Estimated employment in India MSME sector - enterprise-wise
4.6. Estimated employment in India MSME sector - activity-wise
4.7. Top 10 states with maximum MSMEs in India
4.8. State-wise distribution of MSMEs

Chapter 5: Credit Supply to the MSME Sector in India
5.1. Share of loan disbursements to MSMEs (FY 2021 and FY 2022)
5.2. Loan disbursements to MSMEs in India quarter-wise (FY 2021 - FY 2022)
5.3. Loan disbursements to micro enterprises in India quarter-wise (FY 2021 - FY 2022)
5.4. Loan disbursements to small enterprises in India quarter-wise (FY 2021 - FY 2022)
5.5. Loan disbursements to medium enterprises in India quarter-wise (FY 2021 - FY 2022)

Chapter 6: Potential Interventions in the MSME Credit Ecosystem

Chapter 7: COVID-19 Impact Analysis

Chapter 8: Market Influencers
8.1. Market drivers
8.2. Market challengers

Chapter 9: Government Initiatives

Chapter 10: Market Trends

Chapter 11: Competitive Landscape

Chapter 12: Recent Developments

Chapter 13: Appendix
13.1. Research methodology
13.2. About the Publisher
13.3. Disclaimer

Companies Mentioned

  • Axis Bank Limited
  • Bajaj Finserv Limited
  • Bandhan Bank Limited
  • Central Bank of India
  • Federal Bank Limited
  • HDFC Bank Limited
  • ICICI Limited
  • Kotak Mahindra Bank Limited
  • State Bank of India
  • Union Bank of India

For more information about this report visit https://www.researchandmarkets.com/r/z1wmu9

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

 

Contact Data