Small businesses add over 1cr jobs, units up 13%, shows survey
Small businesses in India's manufacturing, trade, and services sectors employed over 12 crore workers between October 2023 and September 2024, adding more than one crore employees since 2022-23, according to the Annual Survey of Unincorporated Sector Enterprises. The number of establishments grew by 12.8%, with significant contributions from the services sector. Female-owned enterprises and internet usage also saw notable increases.
Small businesses in India's manufacturing, trade, and services sectors employed over 12 crore workers between October 2023 and September 2024, adding more than one crore employees since 2022-23, according to the Annual Survey of Unincorporated Sector Enterprises. The number of establishments grew by 12.8%, with significant contributions from the services sector. Female-owned enterprises and internet usage also saw notable increases.
