MSME exports drive India's GDP growth, shaping economic future.
The MSME sector in India plays a crucial role in the country's economy by contributing to output, exports, and employment. A study looked at the relationship between MSME output, exports, total exports, and GDP using statistical tests. The results showed that MSME export growth leads to an increase in India's GDP and total exports. Additionally, growth in MSME production leads to an increase in MSME exports.