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The Industries and Commerce Department, via KCTU, has floated a tender to appoint a consultant who will benchmark Karnataka’s MSME framework against leading states like Gujarat, Maharashtra, Tamil Nadu, and Telangana.
In a landmark move aimed at empowering small and medium enterprises, the Karnataka government is set to introduce its first dedicated MSME policy. This Karnataka MSME policy will mark a significant shift in the state's industrial approach, offering structured support to the MSME sector, which plays a vital role in employment generation and economic development.
The Industries and Commerce Department of Karnataka, through the Karnataka Council for Technological Upgradation (KCTU), has floated a tender to hire a consultant who will draft the policy. The consultant will study and benchmark Karnataka’s MSME development model against top-performing states such as Gujarat, Maharashtra, Tamil Nadu, and Telangana—all of which have successfully implemented growth-driven strategies for their MSME ecosystems.
The upcoming MSME policy 2025 will offer a range of incentives, concessions, and institutional support mechanisms. These are designed to improve access to finance, simplify regulatory compliance, and provide infrastructure support to small businesses. The policy aims to promote innovation, digital transformation, and market linkages—key elements for scaling micro and small enterprises.
One of Karnataka’s major strengths lies in its robust industrial base. The Peenya Industrial Estate, one of India’s largest MSME hubs, is located in Bengaluru and spans over 40 sq km, housing more than 5,000 small and medium-scale industries. This region exemplifies the need for a structured MSME support Karnataka framework that fosters growth and competitiveness.
The new MSME policy India initiative by Karnataka is expected to pave the way for small business policy Karnataka reforms across other states as well. By focusing on inclusive industrial development and job creation, the Karnataka government MSME policy could become a model for the nation’s MSME transformation efforts in the coming years.
The Industries and Commerce Department of Karnataka, through the Karnataka Council for Technological Upgradation (KCTU), has floated a tender to hire a consultant who will draft the policy. The consultant will study and benchmark Karnataka’s MSME development model against top-performing states such as Gujarat, Maharashtra, Tamil Nadu, and Telangana—all of which have successfully implemented growth-driven strategies for their MSME ecosystems.
The upcoming MSME policy 2025 will offer a range of incentives, concessions, and institutional support mechanisms. These are designed to improve access to finance, simplify regulatory compliance, and provide infrastructure support to small businesses. The policy aims to promote innovation, digital transformation, and market linkages—key elements for scaling micro and small enterprises.
One of Karnataka’s major strengths lies in its robust industrial base. The Peenya Industrial Estate, one of India’s largest MSME hubs, is located in Bengaluru and spans over 40 sq km, housing more than 5,000 small and medium-scale industries. This region exemplifies the need for a structured MSME support Karnataka framework that fosters growth and competitiveness.
The new MSME policy India initiative by Karnataka is expected to pave the way for small business policy Karnataka reforms across other states as well. By focusing on inclusive industrial development and job creation, the Karnataka government MSME policy could become a model for the nation’s MSME transformation efforts in the coming years.
It comes on the backdrop of Karnataka unveiling its Industrial Policy 2025–30 on February 11, aiming to achieve a growth rate of 12 percent every year in industry, draw investment of Rs 7.5 lakh crore, and generate employment of 20 lakh by the year 2030.
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