Micro, Small and Medium Enterprises (MSME) sector is of strategic importance for Uttar Pradesh. These enterprises not only play a crucial role in providing large scale employment opportunities at lower capital cost, but also help in industrialization of rural and backward areas, thereby reducing regional imbalance, assuring more equitable distribution of national income and wealth.
This Knowledge paper provides detailed information on the MSME sector in UP and the initiatives by the Government in strengthening the sector. It also explores the impact of government policies including GST, demonetisation and crucial themes such as digital transformation and innovative financing that are impacting the MSME sector. This Knowledge Paper was prepared by CII in association with its knowledge partner Resurgent India at the backdrop of CII UP MSME Summit 2017 held on 22 June 2017 at Noida, UP.