Pune’s MSMEs sector : Pune’s Micro, Small and Medium Enterprises (MSMEs) are gearing up for a promising 2025; as indicated by a recent survey conducted by the Maratha Chamber of Commerce, Industries and Agriculture (MCCIA). Over 81% of the respondents expressed optimism about future growth, driven by increased credit availability.
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Credit Boost for MSME Growth –
The State Level Bankers’ Committee (SLBC) has reported a steady increase in credit disbursement to MSMEs over the past three fiscal years. This trend is expected to continue, with 72% of the target disbursement already achieved in Pune district for the second quarter of the 2024-25 fiscal year. (Pune’s MSME Sector)
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Job Creation and Economic Impact –
The MSME sector plays a pivotal role in India’s economy, contributing significantly to job creation. In Pune alone, the sector employs over 5 lakh individuals. As MSMEs expand their operations and adopt advanced technologies, there is potential for further job growth and economic development.
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Positive Outlook for the Future –
A significant portion of the surveyed MSMEs, particularly those in the electronics and defense manufacturing sectors, reported impressive revenue growth exceeding 20%. This positive outlook suggests a bright future for Pune’s MSME ecosystem. (Pune’s MSME Sector)
