Every year on 27 June, the world celebrates World MSME Day to recognise the contribution of micro, small and medium-sized enterprises (MSMEs) to economic growth, innovation and job creation.
While the observance is global, India marks the occasion as Udyami Bharat - MSME Day, showcasing the country's growing MSME ecosystem and the initiatives helping small businesses thrive. In 2026, the celebration brings together policymakers, entrepreneurs and industry leaders to announce reforms and initiatives that support the next phase of MSME growth.
What is World MSME Day?
World MSME Day is observed every year on 27 June to recognise the contribution of Micro, Small and Medium-sized Enterprises (MSMEs) to economic growth, employment, innovation and sustainable development worldwide. Established by the United Nations, the day encourages governments and businesses to strengthen support for small enterprises that form the backbone of economies across the globe. The 2026 theme focuses on building a resilient, technology-driven and future-ready MSME ecosystem.
History of World MSME Day
Since its inception in 2017, World MSME Day has become an important global platform for recognising the role of small businesses in economic development.
6 April 2017
27 June 2017
2018 - Present
2026
The United Nations General Assembly adopted Resolution A/RES/71/279, declaring 27 June as Micro-, Small and Medium-sized Enterprises Day.
The world observed the first World MSME Day, highlighting the contribution of MSMEs towards achieving the Sustainable Development Goals (SDGs).
Countries across the world have marked the occasion through business forums, awareness campaigns, policy announcements and entrepreneurship initiatives.
The global observance highlights the importance of building resilient, digitally enabled and future-ready MSMEs.
How India Celebrates World MSME Day: Udyami Bharat
While World MSME Day is observed globally, India celebrates the occasion as Udyami Bharat - MSME Day, an annual initiative led by the Ministry of MSME. The event serves as a platform to recognise the achievements of the sector while unveiling new policies, digital initiatives and programmes that make it easier for businesses to grow and compete.
Highlights of Udyami Bharat - MSME Day 2026
Date
Venue
Chief Guest
Other Dignitaries
Major Announcements
27 June 2026
Dr Ambedkar International Centre, New Delhi
Vice President of India, Shri C. P. Radhakrishnan
Union MSME Minister Shri Jitan Ram Manjhi, Minister of State Sushri Shobha Karandlaje, KVIC Chairman and senior Ministry officials
Launch of new digital platforms, multilingual MSME services, AI-enabled grievance support, eco-friendly KVIC products and initiatives to strengthen entrepreneurship and market access.
Why MSMEs Are Important to India's Economy
India has one of the world's largest MSME ecosystems, playing a vital role in manufacturing, exports, employment and entrepreneurship. From neighbourhood businesses and family-run enterprises to exporters, startups and rural artisans, MSMEs support millions of livelihoods while contributing significantly to the country's economic growth.
According to the latest government data:
Contribute 31.1% to India's GDP.
Account for 35.4% of the country's manufacturing output.
Contribute 48.58% of India's total exports.
Employ more than 38.9 crore people, making MSMEs the second-largest source of employment after agriculture.
More than 8.7 crore businesses have been registered under the Udyam Registration Portal and Udyam Assist Platform as of June 2026.
Key Announcements at Udyami Bharat - MSME Day 2026
The 2026 celebration introduced a series of reforms aimed at making it easier for MSMEs to access finance, markets, testing facilities and government services. Alongside important sector milestones, the Ministry of MSME unveiled six new digital platforms designed to simplify business processes and improve ease of doing business for entrepreneurs.
New Digital Platforms Launched at Udyami Bharat - MSME Day 2026
The Ministry of MSME launched a new suite of digital platforms to simplify key services for businesses, from loan applications and payment tracking to market access, testing and innovation support.
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PMEGP 2.0 Portal
The Prime Minister's Employment Generation Programme (PMEGP) 2.0 Portal introduces a fully digital system that streamlines the entire beneficiary journey, from application submission to loan sanction and disbursement. Integrated with the Jan Samarth Portal, it enables real-time information sharing with participating banks, making the process faster and more transparent.
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SAMADHAAN 2.0 Portal
The SAMADHAAN 2.0 Portal enables MSMEs to report and monitor delayed payments owed by Central Ministries, Departments, Central Public Sector Enterprises (CPSEs) and other government agencies. It also facilitates mandatory monthly reporting of outstanding dues, improving transparency and accountability.
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Procurement and Marketing Support (PMS) Portal
Linked with Udyam Registration, the PMS Portal digitises applications, participation and reimbursement claims for trade fairs and exhibitions. The paperless platform simplifies the process while improving market access for Micro and Small Enterprises (MSEs).
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MSME Global Mart 2.0
Integrated with the Open Network for Digital Commerce (ONDC), MSME Global Mart 2.0 provides MSMEs with a national digital marketplace to showcase products, connect with buyers and explore new business opportunities in domestic and international markets.
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MSME Testing Portal
The MSME Testing Portal digitises testing services offered by MSME Testing Centres and Stations across India. Businesses can book product testing, make payments, track applications, and download test reports online, improving efficiency and accessibility.
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MSME Idea Hackathon 6.0
Launched under the MSME Champions Scheme, MSME Idea Hackathon 6.0 encourages innovators to develop technology-driven solutions for MSMEs. Selected ideas submitted through registered Host Institutes are eligible for financial assistance of up to ₹15 lakh, along with mentorship and incubation support.
Other Highlights of Udyami Bharat - MSME Day 2026
Beyond the launch of digital platforms, the event featured several initiatives aimed at strengthening India's MSME ecosystem, promoting traditional industries and improving accessibility for entrepreneurs.
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NSIC upgraded to Schedule 'A' CPSE
The National Small Industries Corporation (NSIC) was upgraded from a Schedule 'B' to a Schedule 'A' Central Public Sector Enterprise (CPSE), recognising its growing contribution to MSME development.
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Ponduru Khadi receives a GI Tag
Ponduru Khadi, a traditional hand-spun and handwoven textile from Andhra Pradesh's Srikakulam district, was awarded the Geographical Indication (GI) tag, helping preserve India's textile heritage while improving market recognition for local artisans.
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MSME services in 22 Indian languages
MSME websites and portals now provide services in all 22 Scheduled Indian languages through BHASHINI and the National Informatics Centre (NIC). The initiative also includes AI-enabled voice grievance redressal and document translation.
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New eco-friendly products by KVIC
The Khadi and Village Industries Commission (KVIC) launched products including Tukun, Rangtaal, Bela, Vanya and Umang, supporting sustainable livelihoods and promoting Khadi and village industries.
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New publications released
The Ministry released a coffee table book celebrating three years of the PM Vishwakarma Scheme, along with a publication on the Self-Reliant India (SRI) Fund, highlighting their contribution to enterprise development, innovation and women entrepreneurship.
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Expert panel discussions
The event concluded with discussions on women entrepreneurship and growth capital for scalable MSMEs, bringing together policymakers, industry leaders, entrepreneurs, financial institutions and academia.
Conclusion
World MSME Day recognises the contribution of small businesses to economies across the globe, while India's Udyami Bharat - MSME Day reflects the country's commitment to strengthening its MSME ecosystem through policy reforms, digital innovation and entrepreneurial support. With new digital platforms, improved accessibility and continued investment in enterprise development, the 2026 celebration reinforces the important role MSMEs will play in achieving the vision of Viksit Bharat 2047.
Sources - Social Welfare (PiB), Ministry of MSME
Frequently Asked Questions
When is World MSME Day celebrated?
World MSME Day is celebrated every year on 27 June to recognise the contribution of micro, small and medium-sized enterprises (MSMEs) to employment, innovation, economic growth and sustainable development. The day was designated by the United Nations General Assembly in 2017.
What is the theme of World MSME Day 2026?
The 2026 theme for World MSME Day focuses on building a resilient, technology-driven and future-ready MSME ecosystem. It highlights the importance of innovation, digital transformation and strengthening small businesses to support long-term economic growth.
What is Udyami Bharat - MSME Day?
Udyami Bharat - MSME Day is India's official observance of World MSME Day, organised by the Ministry of Micro, Small and Medium Enterprises (MSME). The event celebrates the achievements of India's MSME sector while serving as a platform to introduce new government initiatives, digital platforms and reforms for entrepreneurs.
What will be announced at Udyami Bharat - MSME Day 2026?
The Udyami Bharat - MSME Day 2026 event will feature the launch of six new digital platforms, including PMEGP 2.0, SAMADHAAN 2.0, MSME Global Mart 2.0, the MSME Testing Portal and MSME Idea Hackathon 6.0. The event will also showcase multilingual MSME services, new KVIC products, the GI recognition for Ponduru Khadi and discussions on women entrepreneurship and MSME growth.
Who organises Udyami Bharat - MSME Day in India?
Udyami Bharat - MSME Day is organised by the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India. The annual event brings together policymakers, entrepreneurs, industry leaders and government organisations to discuss initiatives that strengthen India's MSME ecosystem.
Why is World MSME Day important?
World MSME Day highlights the vital role of MSMEs in creating jobs, encouraging entrepreneurship, driving innovation and supporting economic growth. It also raises awareness about the need for better access to finance, technology, markets and government support, enabling small businesses to grow and remain competitive.
