Economic Impact: MSMEs significantly contribute to economic growth, employment generation, and innovation in Telangana.
Rural Employment: These enterprises provide substantial employment opportunities in rural and semi-urban areas, helping to prevent migration to cities.
Government Support: The Telangana government has made strategic efforts to establish more MSME clusters across the state to support the sector’s growth.
Infrastructure Development: The Telangana Industrial Infrastructure Corporation (TGIIC) is focused on identifying and developing industrial land for companies, with 70% of land allotments designated for MSMEs.
Growth in MSMEs: Between 2020-21 and 2023-24, Telangana registered 9,21,883 MSME units.
Sector Breakdown:
Manufacturing Sector: 1,90,669 units
Service Sector: 7,31,214 units
Enterprise Breakdown:
Micro-Enterprises: 8,92,147 units
Small Enterprises: 26,708 units
Medium Enterprises: 3,028 units
Registration Source: All data is sourced from the UDYAM portal.
