udyam registration portal: MSMEs' share in exports 45.56% till Sept'23: Govt to Parliament

The share of MSME products in India's exports increased from 43.59% in FY23 to 45.03% in FY22, with a growth from 49.35% in 2020-21 to 49.77% in 2019-20. The share of MSME manufacturing gross value added (GVA) in India's manufacturing GVA also increased from 40.3% in FY21 to 40.83% in FY22. The number of MSMEs registered in India has reached 3.16 crore, with an employment record of 15.5 crore as of December 6, 2023.

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