India MSMEs: VP Urges AI & Tech Adoption for Growth

India’s Vice President is pushing Micro, Small, and Medium Enterprises (MSMEs) to aggressively adopt AI and tech, signaling a major government bet on future economic growth and job creation.

📌 What Happened?

During International MSME Day 2026, Vice President Shri C. P. Radhakrishnan urged Indian MSMEs to see Artificial Intelligence and technology as growth opportunities, not threats.

He highlighted MSMEs’ crucial role in achieving ‘Viksit Bharat @2047’, emphasizing their entrepreneurial spirit and contribution to youth and women’s empowerment.

The Vice President stressed the need for quality, innovation, and continuous learning to boost MSME competitiveness globally and encouraged their expansion from micro to small to medium enterprises.

New initiatives were launched by the Ministry of MSME, including PMEGP 2.0, Samadhaan 2.0, Procurement and Marketing Support (PMS) 2.0, MSME Global Mart 2.0, and the MSME Idea Hackathon 6.0, all designed to support this tech-driven growth.

💰 Why It Matters

This is a clear signal from the top that government support and policy will favor tech-forward MSMEs, potentially unlocking new funding and market access for businesses and startups.

The push for universal MSME registration could significantly improve data quality, making it easier for investors to identify and back high-potential small businesses driving India’s economic future.

Embracing AI could significantly boost productivity and innovation across a vast sector of the Indian economy, creating new job categories and strengthening India’s global tech footprint.

Increased competitiveness and innovation from MSMEs, driven by AI efficiencies and new market solutions, could lead to better products and services for consumers.

👀 What to Watch Next

Monitor how quickly the newly launched portals and schemes translate into tangible support and actual tech adoption rates among MSMEs across India.

Look for increased private and public sector investment into AI solutions specifically tailored for small and medium businesses, indicating market response to this governmental push.

Keep an eye on government and private initiatives to upskill the MSME workforce in AI and other advanced technologies to meet future demands and ensure sustainable growth.