New Delhi, May 26 (Reporter) NITI Aayog on Monday released a report titled “Designing a Policy for Medium Enterprises”, offering a comprehensive roadmap for transforming medium enterprises into future growth engines of India’s economy. The report was launched by Suman Bery, vice chairman, NITI Aayog, in the presence of Dr VK Saraswat, member, NITI Aayog, and Dr Arvind Virmani, member, NITI Aayog. The report delves into the structural skew in the MSME sector, which contributes approximately 29% to India’s GDP, accounts for 40% of exports, and employs over 60% of the workforce. Despite its critical role, the composition of the sector is disproportionately weighted: 97% of registered MSMEs are micro enterprises, 2.7% are small, and only 0.3% are medium enterprises. However, this 0.3% of medium enterprises contributes nearly 40% of MSME exports, underscoring their untapped potential as scalable, innovation-led units. The report identifies medium enterprises as strategic actors in India's transition towards self-reliance and global industrial competitiveness under Viksit Bharat @2047. The report underscores key challenges faced by medium enterprises, including constrained access to tailored financial products, limited adoption of advanced technologies, inadequate R&D support, lack of sectoral testing infrastructure, and a mismatch between training programmes and enterprise needs. These limitations hinder their ability to scale and innovate. The report emphasizes that unlocking the potential of medium enterprises requires a shift towards inclusive policy design and collaborative governance. With strategic support in finance, technology, infrastructure, skilling, and information access, medium enterprises can emerge as the drivers of innovation, employment, and export growth. This transformation is pivotal to realizing the vision of Viksit Bharat @2047...////...