In the dynamic landscape of the Indian economy, the MSME sector boasts a staggering 63 million enterprises, contributing significantly to the nation's economy. These dynamic entities account for 30% of India's GDP, showcasing their substantial economic impact. Within the manufacturing sector, MSMEs play a crucial role, contributing 45% of the total output. Embracing the digital era, a remarkable 72% of MSME payments are conducted online, highlighting the sector's adaptability and efficiency. Moreover, a growing number of SMEs, approximately 43%, are actively engaged in e-commerce, harnessing the power of online platforms to expand their reach and competitiveness in the market.

Beyond mere statistics, these small enterprises serve as beacons of opportunity, lighting up both rural and urban landscapes across the country. They're not just businesses; they're engines of employment and empowerment, fueling growth and prosperity in communities nationwide.

Dun & Bradstreet had organized the 'Business Enterprises of Tomorrow 2024' summit on the theme "Fueling the spirit of Udyami Bharat" on June 21st, 2024, in Delhi. The event featured keynote addresses by several eminent dignitaries, including representatives from the Government, Ministries/bodies, industry veterans, and other distinguished thought leaders. The summit also featured the launch of the 'Leading SMEs of India 2024' and 'Leading Mid Corporates of India 2024' publications, as well as the recognition of the best performers across several industry and theme-based categories.

In June 2023, Prime Minister Narendra Modi took an active role in fostering India's entrepreneurial ethos by participating in the 'Udyami Bharat' program.

The primary goal of 'Udyami Bharat' is to cultivate innovation, promote entrepreneurship, facilitate capacity building, and empower women to make meaningful contributions to the MSME sector. Aligned with the government’s boost to entrepreneurship, the theme for this year’s summit will focus on the key pillars of ‘Udyami Bharat’ that can enable ‘Prosperity through Entrepreneurship.’

Highlighting the pivotal role of SMEs and mid-sized businesses in the Indian economy is crucial for fostering growth and innovation. Hence, Dun & Bradstreet's will launch two of its premier publications - "Leading SMEs of India 2024" and "Leading Mid Corporates of India 2024" at the summit. These publications will undoubtedly provide valuable insights into these sectors' achievements and contributions.

• The 15th edition of the "Leading SMEs of India 2024" publication will feature:

• Dignitaries’ message, expert views, interviews and success stories of leading SME on key pillars of Udyami Bharat
• Insights on SME for industry trends, challenges and outlook
• Success stories of about "D&B SME Gems"
• Listings (of 3,500 SMEs through D&B database compiled from various reliable sources)

• The 5th edition of the "Leading Mid Corporates of India 2024" publication will feature:

• Dignitaries’ message, expert views, interviews and success stories of leading mid-corporates on key pillars of Udyami Bharat
• Success stories of about "D&B Mid-Corporate Gems"
• Listings (of 1,500 Mid-Corporates through D&B database compiled from various reliable sources)