Telangana’s MSME Policy, WE Hub Come for Appreciation in Economic Survey 2024-25

Telangana’s MSME Policy, WE Hub Come for Appreciation in Economic Survey 2024-25

Telangana MSME Policy: Championing Local Businesses and women Entrepreneurs

Table of Contents

The Telangana MSME policy isn’t just another set of regulations; it’s a roadmap for fostering a thriving ecosystem for small and medium-sized enterprises (SMEs) in the state. Recognizing the pivotal role these businesses play in driving economic growth and creating employment opportunities, the government of telangana has implemented a focused and extensive strategy to empower MSMEs, particularly women entrepreneurs.

A key aspect of this policy is the emphasis on digitalization. By leveraging platforms like ONDC and GEM, the government aims to bridge the digital divide and provide MSMEs with access to wider markets, streamlined procurement processes, and valuable resources.

“We are deeply committed to seamless onboarding and technical assistance for all MSMEs in utilizing these platforms,” shares Ms. Priya Sharma, Commissioner of industries, Telangana. “We conduct extensive awareness campaigns and workshops, tailoring the training content to specific industry needs and providing hands-on guidance on navigating both ONDC and GEM.”

The policy also recognizes the critical contribution of women entrepreneurs to the state’s economy. Through the WE Hub initiative, aspiring and existing female entrepreneurs are provided with comprehensive support, encompassing funding, mentorship, access to industry networks, and essential resources.

“Absolutely, WE Hub is a key pillar of our strategy to build a more inclusive and equitable ecosystem for MSMEs,” asserts Ms. Sharma. “Recognizing the pivotal role women play in our workforce and economy, we created WE Hub to be a dedicated springboard for aspiring and existing female entrepreneurs. By empowering women in business, we are nurturing a more diversified and dynamic business landscape in Telangana.”

This strong commitment to digitalization and inclusivity positions Telangana as a leader in fostering a robust and vibrant MSME sector. The state’s strategic investments in technology and infrastructure, coupled with its unwavering support for entrepreneurs, are paving the way for sustainable growth and economic prosperity.

Telangana: Nurturing MSME Growth Through Technology and Infrastructure

Telangana is making waves in the realm of economic development, placing a strong emphasis on empowering its Micro, Small, and Medium Enterprises (MSMEs) through innovative technology and robust infrastructure. The state government recently unveiled its dedicated MSME policy in September 2024, highlighting its enterprising vision to bolster the growth and digital inclusion of these vital businesses.

This policy places e-commerce penetration at its core, encouraging MSMEs to embrace platforms like the Open network for Digital Commerce (ONDC) and the Government e Marketplace (GeM) to expand their reach and tap into new markets. As the Economic Survey 2024-25 aptly notes, “The government of Telangana has announced a new MSME policy which, inter alia, envisages an increase in e-commerce penetration in MSMEs by encouraging the participation of sellers on the Open Network for digital Commerce (ONDC) portal and Government e Marketplace (GeM) portal.”

This digital push aligns perfectly with the national thrust to empower MSMEs and propel e-commerce exports. Initiatives like “Make in India” and “Aatmanirbhar Bharat” have significantly amplified the support and focus on MSMEs,paving the way for greater global participation by domestic sellers.

“We are deeply committed to seamless onboarding and technical assistance for all MSMEs in utilizing these platforms,” affirming the Telangana government’s dedication to guiding businesses through the digital transformation. Extensive awareness campaigns and workshops are being conducted, tailored to specific industry needs and providing hands-on guidance on navigating both ONDC and GeM.

Recognizing that digital fluency might be a barrier for some, the government is extending its support beyond training.Partnerships with educational institutions and non-profit organizations are being forged to bridge the digital divide and ensure equitable access to opportunities.

Telangana’s commitment to supporting MSMEs extends beyond the digital realm. WE Hub, India’s first state-led incubator for women entrepreneurs, stands as a testament to this dedication.Operating in Hyderabad for nearly seven years,WE Hub empowers women entrepreneurs by providing them with the necessary resources,mentorship,and access to industry networks to start,scale,and sustain their businesses.

WE Hub has achieved remarkable success, raising ₹177 crore in funding and incubating 6,376 startups and SMEs. It has also engaged with 7,828 entrepreneurs and launched 87 startup programs, with a remarkable 75% of incubated startups surviving beyond two years, as highlighted in the Economic Survey 2024-25.

Telangana’s focused approach, leveraging its technological advantages and infrastructure, positions it as a prime example for other states to follow. By actively nurturing MSMEs, the state is paving the way for a more inclusive and prosperous future.

Telangana’s MSME Policy: A Catalyst for Growth

Telangana has been widely recognized for its efforts in fostering the growth of Micro, Small, and Medium Enterprises (MSMEs). In the 2024-25 Economic Survey, the state’s MSME policy, launched in September 2024, was highlighted for its innovative, multi-pronged approach. A key focus of this policy is promoting digital adoption among msmes through platforms like ONDC and GeM, aiming to significantly increase their e-commerce presence.To gain deeper insights into the policy’s workings and impact, we had the opportunity to speak with Ms. Priya Sharma, the Commissioner of Industries in Telangana. Ms. Sharma generously shared her valuable perspectives on the current state of the MSME ecosystem in Telangana.


An Interview with Ms.Priya Sharma, Commissioner of Industries, Telangana

Archyde: Could you elaborate on the key tenets of Telangana’s MSME policy and the rationale behind this focused approach on digitalization, especially through platforms like ONDC and GeM?

Ms. Sharma: Certainly,the Telangana MSME policy rests on three crucial pillars: inclusivity,growth,and digital transformation. We recognize MSMEs as the backbone of our economy, but they frequently enough face hurdles in accessing finance, expanding their market reach, and adopting new technologies. Our goal is to make it easier for them to do business, overcome these challenges, and contribute significantly to our state’s economic prosperity.

When it comes to digitalization, our vision is to empower Telangana’s MSME sector to tap into the vast e-commerce marketplace. Platforms like ONDC and GeM present tremendous opportunities to expand their customer base, diversify revenue streams, and reach a broader national and global audience.

WE Hub: Empowering Women, Building a Stronger Telangana

Telangana is actively fostering a thriving ecosystem for micro, small, and medium enterprises (MSMEs), playing a crucial role in the state’s economic growth and diversification. One key initiative driving this change is WE Hub, a dedicated platform for women entrepreneurs aiming to level the playing field and unlock their full potential.

“Absolutely! WE Hub is a key pillar of our strategy to build a more inclusive and equitable ecosystem for MSMEs,” explained Ms. Sharma, emphasizing the program’s alignment with the broader MSME policy.

Recognizing the immense value women bring to the workforce and economy, WE Hub provides comprehensive support, ranging from funding and mentorship to networking opportunities and access to critical resources. By empowering women in business, Ms. Sharma believes, Telangana is nurturing a more dynamic and diversified economic landscape.

but the state’s vision extends beyond simply nurturing existing businesses. Ms. Sharma explained the government’s commitment to ensuring wider adoption of platforms like ONDC and GEM among MSMEs, acknowledging that digital fluency can be a barrier for some. To address this, they are implementing a multi-pronged approach.

“We are deeply committed to seamless onboarding and technical assistance for all MSMEs in utilizing these platforms,” she stated. “We conduct extensive awareness campaigns and workshops, tailoring the training content to specific industry needs and providing hands-on guidance on navigating both ONDC and GEM.”

Furthermore, Ms. Sharma highlighted the importance of partnerships with educational institutions and non-profit organizations to bridge the digital divide and equip MSMEs with the necessary skills to thrive in the digital economy.

Telangana’s Vision: nurturing MSME Growth and Global Leadership

Telangana is strategically positioning itself as a leading hub for Micro, Small, and Medium Enterprises (MSMEs), aiming to foster a dynamic and inclusive ecosystem. Ms. Sharma, a key figure in Telangana’s MSME development strategy, emphasizes the government’s commitment to empowering MSMEs, particularly women entrepreneurs.

“We are deeply committed to seamless onboarding and technical assistance for all MSMEs in utilizing these platforms,” says Ms.Sharma, highlighting the government’s dedication to supporting businesses in navigating digital platforms like ONDC and GeM. “We conduct extensive awareness campaigns and workshops, tailoring the training content to specific industry needs and providing hands-on guidance on navigating both ONDC and GeM.”

recognizing the potential barriers to digital adoption, particularly for smaller businesses, Telangana is taking a proactive approach. “We acknowledge that digital fluency can be a barrier for some, so our efforts extend beyond training,” Ms. Sharma explains. “We are developing partnerships with educational institutions and non-profit organizations to bridge this digital divide.” These initiatives aim to ensure that all MSMEs have the necessary skills and resources to thrive in the digital economy.

Beyond supporting existing businesses, Telangana is also focused on nurturing a more diversified and dynamic business landscape. The creation of WE Hub, a dedicated platform for women entrepreneurs, exemplifies this commitment.As Ms. Sharma points out, “WE Hub is a key pillar of our strategy to build a more inclusive and equitable ecosystem for MSMEs.” WE Hub provides aspiring and existing female entrepreneurs with comprehensive support, encompassing funding, mentorship, industry network access, and critical resources. By empowering women in business, Telangana is fostering a more vibrant and innovative entrepreneurial ecosystem.

Telangana’s ambition extends beyond national prominence—the state aims to become a global leader in certain MSME niches. With a focus on innovation and technology, areas such as pharmaceuticals, life sciences, details technology, and electronics are seen as promising avenues for growth.

The success of Telangana’s MSME strategy hinges on several key factors:

  • Fostering Innovation: Cultivating a culture of innovation through research and development initiatives, supporting startups, and encouraging collaboration between academia and industry.
  • digital Transformation: Ensuring widespread adoption of digital technologies, bridging the digital divide through training and support programs, and leveraging platforms like ONDC and gem for seamless transactions and market access.
  • Ease of Doing Business: Simplifying regulations, streamlining licensing processes, and creating a business-pleasant surroundings to attract investment and encourage entrepreneurship.
  • Skilled Workforce: Investing in education and training programs to develop a skilled and adaptable workforce that can meet the demands of the evolving MSME landscape.
  • Infrastructure Development: Investing in robust infrastructure, including transportation, logistics, and communication networks, to facilitate smooth business operations and market access.

Unlocking the Potential of MSMEs: A Catalyst for Growth

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of numerous economies, acting as crucial drivers of innovation and job creation. These businesses, frequently enough characterized by their agility and adaptability, play a vital role in diversifying economies and promoting inclusive growth.

Sectors like digital technology,clean energy,life sciences,and sustainable agriculture hold immense potential, with MSMEs poised to make significant contributions. As we strive to build a more resilient and sustainable future, fostering the growth of MSMEs becomes paramount.

Investing in infrastructure, skill development, and a pro-business ecosystem are essential building blocks. Attracting investment, promoting research and development, and strategically leveraging government initiatives such as “Make in India” and “Aatmanirbhar Bharat” are just some of the measures that can help unlock the full potential of MSMEs.

“Ultimately, we envision MSMEs in Telangana becoming anchors of innovation and an economic engine for the country,” states a key proponent of MSME growth. “A vibrant MSME sector translates directly into new jobs, skill enhancement, enhanced exports, and socio-economic advancement for all of Telangana.”

With the right support and policies, MSMEs can become key players in shaping a more prosperous and inclusive future. What measures do you think governments can prioritize to further facilitate MSME growth?

The key tenets of Telangana’s MSME policy are inclusivity, growth, and digital transformation.

An Interview with Ms. Priya Sharma, Commissioner of Industries, Telangana

Archyde: Could you elaborate on the key tenets of Telangana’s MSME policy and the rationale behind this focused approach on digitalization, especially through platforms like ONDC and GeM?

Ms. Sharma: Certainly, the Telangana MSME policy rests on three crucial pillars: inclusivity, growth, and digital transformation. We recognize MSMEs as the backbone of our economy, but they frequently enough face hurdles in accessing finance, expanding their market reach, and adopting new technologies. Our goal is to make it easier for them to do business,overcome these challenges,and contribute substantially to our state’s economic prosperity.

when it comes to digitalization, our vision is to empower Telangana’s MSME sector to tap into the vast e-commerce marketplace. Platforms like ONDC and GeM present tremendous opportunities to expand their customer base, diversify revenue streams, and reach a broader national and global audience.

WE Hub: Empowering Women, building a Stronger Telangana

Telangana is actively fostering a thriving ecosystem for micro, small, and medium enterprises (MSMEs), playing a crucial role in the state’s economic growth and diversification. One key initiative driving this change is WE Hub, a dedicated platform for women entrepreneurs aiming to level the playing field and unlock their full potential.

“Absolutely! WE Hub is a key pillar of our strategy to build a more inclusive and equitable ecosystem for MSMEs,” explained ms. Sharma, emphasizing the program’s alignment with the broader MSME policy.

Recognizing the immense value women bring to the workforce and economy, WE Hub provides thorough support, ranging from funding and mentorship to networking opportunities and access to critical resources. By empowering women in business, ms. Sharma believes, Telangana is nurturing a more dynamic and diversified economic landscape.

but the state’s vision extends beyond simply nurturing existing businesses. Ms. Sharma explained the government’s commitment to ensuring wider adoption of platforms like ONDC and GEM among MSMEs, acknowledging that digital fluency can be a barrier for some. To address this, they are implementing a multi-pronged approach.

“We are deeply committed to seamless onboarding and technical assistance for all MSMEs in utilizing these platforms,” she stated.”We conduct extensive awareness campaigns and workshops, tailoring the training content to specific industry needs and providing hands-on guidance on navigating both ONDC and GEM.”

Furthermore, Ms. Sharma highlighted the importance of partnerships with educational institutions and non-profit organizations to bridge the digital divide and equip MSMEs with the necessary skills to thrive in the digital economy.

Telangana’s Vision: nurturing MSME Growth and Global Leadership

telangana is strategically positioning itself as a leading hub for Micro, Small, and Medium Enterprises (MSMEs), aiming to foster a dynamic and inclusive ecosystem. Ms. Sharma, a key figure in Telangana’s MSME development strategy, emphasizes the government’s commitment to empowering MSMEs, particularly women entrepreneurs.

“We are deeply committed to seamless onboarding and technical assistance for all MSMEs in utilizing these platforms,” says Ms.Sharma, highlighting the government’s dedication to supporting businesses in navigating digital platforms like ONDC and GeM. “We conduct extensive awareness campaigns and workshops, tailoring the training content to specific industry needs and providing hands-on guidance on navigating both ONDC and GEM.”

recognizing the potential barriers to digital adoption, particularly for smaller businesses, Telangana is taking a proactive approach. “We acknowledge that digital fluency can be a barrier for some, so our efforts extend beyond training,” Ms. Sharma explains. “We are developing partnerships with educational institutions and non-profit organizations to bridge this digital divide.” These initiatives aim to ensure that all MSMEs have the necessary skills and resources to thrive in the digital economy.

Beyond supporting existing businesses, telangana is also focused on nurturing a more diversified and dynamic business landscape. The creation of WE Hub, a dedicated platform for women entrepreneurs, exemplifies this commitment.As Ms. Sharma points out, “WE Hub is a key pillar of our strategy to build a more inclusive and equitable ecosystem for MSMEs.” WE Hub provides aspiring and existing female entrepreneurs with comprehensive support, encompassing funding, mentorship, industry network access, and critical resources. By empowering women in business, Telangana is fostering a more vibrant and innovative entrepreneurial ecosystem.

Telangana’s ambition extends beyond national prominence—the state aims to become a global leader in certain MSME niches. With a focus on innovation and technology, areas such as pharmaceuticals, life sciences, details technology, and electronics are seen as promising avenues for growth.

The success of Telangana’s MSME strategy hinges on several key factors:

  • Fostering Innovation: cultivating a culture of innovation through research and development initiatives, supporting startups, and encouraging collaboration between academia and industry.
  • digital Transformation: Ensuring widespread adoption of digital technologies,bridging the digital divide through training and support programs,and leveraging platforms like ONDC and gem for seamless transactions and market access.
  • Ease of Doing Business: Simplifying regulations, streamlining licensing processes, and creating a business-pleasant surroundings to attract investment and encourage entrepreneurship.
  • Skilled Workforce: Investing in education and training programs to develop a skilled and adaptable workforce that can meet the demands of the evolving MSME landscape.
  • Infrastructure Development: investing in robust infrastructure, including transportation, logistics, and dialog networks, to facilitate smooth business operations and market access.

Unlocking the Potential of MSMEs: A Catalyst for Growth

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of numerous economies, acting as crucial drivers of innovation and job creation. These businesses, frequently enough characterized by their agility and adaptability, play a vital role in diversifying economies and promoting inclusive growth.

Sectors like digital technology,clean energy,life sciences,and lasting agriculture hold immense potential, with MSMEs poised to make meaningful contributions. As we strive to build a more resilient and sustainable future, fostering the growth of MSMEs becomes paramount.

Investing in infrastructure, skill development, and a pro-business ecosystem are essential building blocks. Attracting investment, promoting research and development, and strategically leveraging government initiatives such as “Make in India” and “Aatmanirbhar Bharat” are just some of the measures that can help unlock the full potential of msmes.

“Ultimately, we envision MSMEs in Telangana becoming anchors of innovation and an economic engine for the country,” states a key proponent of MSME growth. “A vibrant MSME sector translates directly into new jobs, skill enhancement, enhanced exports, and socio-economic advancement for all of Telangana.”

With the right support and policies, MSMEs can become key players in shaping a more prosperous and inclusive future. What measures do you think governments can prioritize to further facilitate MSME growth?

Leave a Replay