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About SME Chamber of India

SME Chamber of India is a leading organisation and putting efforts for the empowerment of SME sector for global competitiveness, business growth, export promotion, business transformation and diversification for the last 32 years.

The Chamber has been integrating SMEs, manufacturers, exporters, service providers, corporates, mid-corporates, start-ups, professionals, allied industrial & business sectors to explore emerging business opportunities in the domestic and global markets, channelizing finance & investment, identifying partners for technology transfers, industrial automation, Import facilitation, joint ventures, collaborations, mergers & acquisitions, contract manufacturing as well as assisting for marketing, promotion, branding, franchise, distribution, Government services & liaison, acquiring advanced & patented technologies, business leads & referrals for exports, domestic supply & procurement.

The Chamber has been regularly organising various business promotional & educational activities & events to brand, market & promote various products and services as well as to enhance knowledge and skill of the entrepreneurs for enhancement of 10X business growth, improvement of quality productivity to contribute for the local and global markets.

The Chamber provides a unique networking platform to interact with the CEOs of corporates, financial institutions, Government officials, heads of regulatory authorities and connectivity with the potential SMEs, buyers, suppliers, manufacturers, exporters, importers, investors, service providers, professionals and legal firms to communicate, commercialize their business ideas, share business referrals, contacts for supply, procurement, B2B & networking meetings & sectorial business meetings to enhance marketing and sales.

Leadership

The Chamber is functioning under the dynamic, indomitable leadership of Founder & President, Mr. Chandrakant Salunkhe, who has been on the forefront to secure the interests of SMEs & manufacturing industries for further business growth and achieve success in the local and global markets. He has been on the forefront for policy frame work change and its speedy implementation for strengthening SME & manufacturing sectors to make India as a manufacturing hub and march towards 'Viksit Bharat' to accomplish the dream of Hon'ble Prime Minister.

Key Initiatives

National SME Manufacturing Mission

Enhancing manufacturing activities in Tier 2 and 3 cities, providing support for acquiring industrial land and setting up manufacturing units.

Global Manufacturing Capability Centres

Providing opportunities to collaborate with foreign companies for contract manufacturing and joint ventures.

Recognition & Awards

The Chamber has been recognizing successful entrepreneurs, enterprises, Institutions & Individuals for the last 24 years through various national level awards including "India SME Excellence Awards", "Emerging SMEs of India Awards", "SME Icons of India Awards", and "National Manufacturing Excellence Awards".

Join Our Community

We invite entrepreneurs, enterprises, corporates, family-owned businesses, multi-national companies, exporters, importers, buyers, suppliers, service providers, investors, traders, retailers, professionals, start-ups and allied industrial & business sectors to enroll the membership to avail various support services.

Our Objectives

Preparing and empowering SMEs for global competitiveness

Establish co-operation for further business growth

Protect business interest of SMEs & manufacturing Industries

Advocacy for securing the interest of SMEs & policy implementations

Strengthening capacities and capabilities for further business growth

Establishing international cooperations for bilateral trade promotion

Innovation, invention and its commercialisation

Awards & Recognitions for remarkable achievements & contributions

Our Activities

Opportunities to explore business leads, referrals & export orders

Networking activities to explore emerging business opportunities

Business & Trade promotional events and activities

Educational and training programs for skilling and further scaling

Generation of new Entrepreneurship & startups

Interactions with the policy makers, FIs, large corporates & MNCs

Lead delegations to attend business conferences & exhibitions

Strategic business alliances with the overseas SMEs and corporates

Support to avail the Government incentives, benefits & policies

Research, market survey, study and product development

Resolving issues & grievances related to business activities

Action Plan

Strategic Growth & Development

Empowering SMEs to contribute for marching towards "Viksit Bharat"

Exploring emerging business & Export opportunities in the emerging markets

Preparing strategic plans for sustainable business growth

Creating elite group of SMEs & branding of fortune 500 SMEs

Digital transformation of SMEs for further business growth

Financial & Investment Support

Channelize private equity and ECBs for further business growth

Reduction of interest rate & enhance credit flow for SME sector

Preparing SMEs for international co-operation and IPO

Pursuing with the Government & RBI for revival of sick units

Certification of credibility and credit worthiness

Leadership & Entrepreneurship

Developing entrepreneurial leadership capabilities/qualities

Improvement of leadership qualities amongst entrepreneurs & start-ups

Generation of skilled manpower for SMEs and new entrepreneurship

Branding of successful entrepreneurs and their achievements

Connect start-ups, SMEs & manufacturing sectors for better growth

Operations & Manufacturing

Excellence in operations, innovations and manufacturing activities

Integrating enterprises to set up manufacturing units in other countries

Setting up of SME hi-tech industrial, packaging and allied parks/zones

Allocation of industrial land and construct ready-made industrial premises

Brand & promote made-in-India and made-by-SMEs

Policy & Governance

Focus on "ease of doing business" to secure the interests of SMEs

Awareness on fair business practices, business ethics and good governance

Reformation of MSMED Act, labour and industrial laws

Suggestions and recommendations for new schemes and policies

Availing of Advantages of Free Trade Agreements with the various countries

Business Intelligence & Networking

Transformation of SMEs into emerging corporates

Performance measurement and business analysis for diversification

Creating group of SMEs having turnover from Rs. 50 crores to Rs. 5,000 crores

Creation of sectoral database of SMEs

Show casing products & innovations through SMEtv & SMEconnect magazine

SME SECTOR IN INDIA

Micro, Small and Medium Enterprise (MSME) sector has emerged as a very important sector of the Indian economy, contributing significantly to the employment generation, innovation, exports, and inclusive growth of the economy. Micro, Small and Medium Enterprises (MSME) are the backbone of the socio-economic development of our country. It also accounts for 45 % of total industrial production, 40% of total exports and contributes very significantly to the GDP. Manufacturing segment within the MSME contributes to 7.09% of GDP. MSMEs also contribute to 30.50% of services. The total contribution of MSMEs to the GDP is 37.54.

The MSME Act, 2006, was enacted to provide enabling policy environment for promotion and development of the sector by way of defining MSMEs, putting in place a framework for developing and enhancing competitiveness of the MSME enterprises, ensuring flow of credit to the sector and paving the way for preference in Government procurement to products and services of the MSEs, address the issue of delayed payments, etc. It is expected that the new law will be able to address the major challenges, relating to physical infrastructural bottlenecks, absence of formalization, technology adoption, capacity building, backward and forward linkages, lack of access to credit, risk capital, perennial problem of delayed payments, etc. These problems are hindering the development of a conducive business environment for expansion of the sector. The Ministry of MSME noted that a thriving entrepreneurial eco-system is a policy imperative for realizing the potential of the sector and ensuring sustainable growth of the sector.

Global trends in classifying the MSMEs show that they widely differs across jurisdictions and depends upon the Government policies of the country. Though, a comparison of some of the countries revealed that most of them are using number of employees as a variable to define MSMEs. In India, MSMEs are presently defined based on investment in plant and machinery / equipment. To facilitate ease of doing business, the Government has introduced the new criteria from 1st July 2020 for classification of micro, small and medium enterprises turnover based, which will be useful for MSMEs.

New MSME Classification as per Union Budget 2025

Enterprise CategoryCurrent Investment LimitRevised Investment LimitCurrent Turnover LimitRevised Turnover Limit
Micro Enterprise₹1 crore₹2.5 crore₹5 crore₹10 crore
Small Enterprise₹10 crore₹25 crore₹50 crore₹100 crore
Medium Enterprise₹50 crore₹125 crore₹250 crore₹500 crore

*Source from Ministry of MSME

Scope in Indian SMEs

BusinessInvestmentTechnologyAlliance

SME Chamber of India would like to offer scope of opportunity to Overseas SMEs & Companies as well as Indian Companies to provide unique support and co-operation with SMEs for the following:

Investment Opportunity

Promotion of Advanced Technology

Private Equity Funding

Franchise Business

Technology Transfers & Joint Ventures

Strategic Business Partnership to enter into Indian Markets

Contract Manufacturing Tie-Ups in India

Marketing and Promotion in Indian Markets

Development of Products for Indian Markets

Support for Innovation & Invention

Project Management Consultancy

Promotion of Unique Support Services for Better Productivity

Business and Financial Management Consultancy

Value Addition for Quality Improvement

Support for People's Management

Support for Branding and Enhancement of Sales

Support for Business or Manufacturing Units Transformation

Explore Opportunities

Challenges to SMEs

Despite its commendable contributions to the Nation's economy, the SME sector does not get the required support from the concerned Government agencies, banks, financial institutions and other stake holders, which is hindering SMEs in becoming more competitive at the National and International levels.

Inadequate and timely banking finance

Shortage of skilled manpower

Limited capital and knowledge resources

Non-availability of suitable technology

Low production capacity constraints

Ineffective marketing strategies

Difficulty in identifying new markets

Constraints on modernisation & expansions

Non-availability of highly skilled labourers at affordable costs

Complex follow-up processes with Government agencies

These challenges require coordinated efforts from all stakeholders to strengthen the SME ecosystem.