Uttar Pradesh is poised to hit the micro, small and medium enterprises (MSME) count of 14 million by 2021-22, up more than 50 per cent from the figure of 9 million in 2017-18.
At present, the MSME sector contributes 65 per cent of the state’s annual industrial output and is the second biggest employer after agriculture.
According to the data released by the MSME export promotion council (MSME EPC) in Lucknow on Monday, UP posted 100 per cent growth in the MSME sector between 2015-16 and 2017-18 from about 4.4 million units to 9 million.
“The state of UP has