Thought leadership reports

The MSME sector accounts for over 80% of businesses and contributes to more than half of the employee share. The share of the formal MSME sector in the GDP is up to 40% in emerging economies. The importance of the sector in India’s economic growth cannot be over-emphasized. With the presence of over 63 million MSMEs employing over 110 million people staggered across services, the manufacturing sector contributes nearly 30% to GDP.

A thought leadership survey study that explores the employee pulse and the nature of “new work.”

The year 2023 stood out as a landmark period of regulatory actions, with the RBI introducing measures to curtail the growth of unsecured lending, raising risk weights, and imposing stricter guidelines on lending practices. These changes, notably the increase in risk weights for unsecured loans and heightened supervision, have necessitated a strategic recalibration within the sector. NBFCs have been compelled to reassess their capital allocation strategies, navigate the complexities of capital raising in a cautious investment climate, and adapt to the evolving interest rate scenario amid geopolitical uncertainties.

April 2024

The contribution of non-banking financial companies (NBFCs) in reinforcing real economic activity and standing as peripheral channels of credit intermediation along banks is well identified. Over the recent years, NBFCs have branched into considerable extension in terms of size, complexity, and interconnectedness within the financial sector.

July 2024

MSMEs are the lifeblood of India, whether it be running our GDP, our vibrant export profile or facilitating employment across the country.
Be it micro, small or medium sized firms, each type of enterprise has played a pivotal role in shaping the sector’s growth story till date.

India Auto Tracker Q2 FY24 provides an overview of the Q2 FY24 export report for the auto industry, It includes a detailed analysis of the top export destinations and growth trends, covering key insights such as export volumes, growth rates, and market shares for each destination.