Team Blitz India
New Delhi: The Indian micro, small and medium enterprises (MSME) sector employs about 1.2 crore people, and by 2025, the industry is expected to generate over two lakhs new jobs, a report showed on June 27.
The new job opportunities will span across the services sectors and manufacturing sectors, both across urban and rural India, according to the report by LB Services, a global technology and digital talent solutions provider.
Notably, many emerging industries under the MSME umbrella like e-commerce, logistics, and supply-chain are also expected to witness a surge in new employment.
“Home to 633.9 lakh enterprises, India has the strongest growing cohort of micro, small and medium enterprises, generating mass-scale employment across India, especially in tier 2 and 3 regions,” said SachinAlug, CEO, NLB Services.
“Today, small businesses which comprise 96 per cent of industrial units are the second largest employment generator in the country.” he said.
