Women Entrepreneurs in MSMEs Driving India’s Long-Term Growth

Quick Summary

• A two-day national seminar on empowering women entrepreneurs in Micro, Small and Medium Enterprises (MSMEs) began in Hyderabad, organized by various academic and state institutions, including the Center for Economic and Social Studies (CESS).
• The seminar focuses on the role of women-led MSMEs in achieving India’s development vision, ‘Viksit Bharat @2047’.
• G. Chinna Reddy, vice-Chairman of Telangana State Planning Board, highlighted the need for integrated sectoral development (housing, textiles, food processing) to empower women. He also emphasized improved access to institutional credit and enhanced policy support for women entrepreneurs.
• C. Sheela Reddy of Central University of Andhra Pradesh stressed amplifying women’s participation in national progress through MSMEs.
• L.S. Ganesh from ICFAI University discussed enhancing workforce value through capacity-building initiatives.
• Eranti Vijaya from National Institute for MSME identified challenges such as limited scheme awareness among women entrepreneurs and gaps in digital literacy and technical skills.

Indian Opinion Analysis
The seminar underscores a pivotal moment for strengthening India’s MSME ecosystem with a gender-focused approach-an essential step toward inclusive growth under India’s long-term developmental goals like ‘Viksit Bharat @2047.’ while efforts like these attempt to amplify women’s economic contributions across diverse sectors such as housing or textiles, persistent challenges like access to credit or poor digital literacy levels require targeted interventions at both policy-making and grassroots implementation levels. Strengthening institutional frameworks coupled with capacity-building initiatives holds promise not just for broader economic contributions but also societal transformations that align with India’s overall aspirations.

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