India’s MSME sector is one of the strongest pillars of the country’s economy, contributing nearly 30% to India’s GDP, close to 45% of exports, and employing over 250 million people across manufacturing, services, trade, and agriculture-linked industries.

Spread across urban centres, emerging towns, and rural India, MSMEs are not only driving economic growth but also creating livelihoods, enabling innovation, and accelerating grassroots entrepreneurship.

From women-led enterprises and digital-first startups to traditional family-run businesses and rural innovators, India’s MSMEs today represent the evolving face of entrepreneurship: resilient, adaptive, and deeply impact-driven.

Recognizing and celebrating these stories is Tally MSME Honours 2026, an initiative by Tally Solutions, India’s leading business management software provider.

Since its inception in 2021, the platform has evolved into one of the largest global initiatives celebrating small and medium businesses that are driving meaningful economic and social impact.