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MSME Growth Booms in Daman & Diu with Over 12,800 Registrations

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The Ministry of Micro, Small, and Medium Enterprises (MSMEs) released updated data on small business growth in Daman and Diu. Between 2020-21 and 2025-26, a total of 12,804 MSMEs completed Udyam Registration through the Udyam Portal and Udyam Assist Platform.

Daman led the growth with 11,314 units, while Diu contributed 1,490 units. Registrations saw a sharp rise in 2023-24, reflecting easier digital onboarding and wider adoption of the Udyam Portal.

Financial Support Boosts Local Entrepreneurs

Minister of State for MSME, Shobha Karandlaje, highlighted the support schemes for micro enterprises. The Prime Minister’s Employment Generation Programme (PMEGP) provided essential backing to new small businesses.

The Interest Subvention Scheme for Incremental Credit to MSMEs (2018) also benefited both manufacturing and service-sector enterprises, including trading units. These schemes aim to improve productivity and ensure smooth credit flow.

Digital Platforms Make Registration Easier

The Udyam Registration system has made it easier for entrepreneurs to formalize their businesses. Small business owners can now complete registration quickly through the Udyam Portal and access government schemes without delays.

The growing MSME registrations in Daman and Diu show the positive impact of digital onboarding and financial schemes. Continued support will strengthen small businesses and promote local economic development.

This portion of the site is for informational purposes only. The content is not legal advice. The statements and opinions are the expression of author, not corpseed, and have not been evaluated by corpseed for accuracy, completeness, or changes in the law.

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Parul Bohral, a BALLB graduate and experienced legal researcher and content writer with expertise in various legal areas, including corporate law and intellectual property. I have gained valuable experience in esteemed legal environments, where...

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