TG Unveils First-Ever MSME Policy to Boost Small Enterprises
TG Partners with NSE EMERGE to Boost MSME Fundraising
Hyderabad: The Telangana government has taken a significant step towards strengthening the micro, small and medium enterprises (MSME) ecosystem by launching its first-ever MSME policy, aimed at empowering small and medium enterprises with resources, financial support and market access. As part of this initiative, Telangana signed an MoU with the National Stock Exchange (NSE) to facilitate the onboarding of Telangana-based MSMEs onto the NSE EMERGE platform—a dedicated marketplace for SMEs to raise capital and expand their business.
The government is also implementing the national RAMP (Raising and Accelerating MSME Performance) programme to drive innovation and ensure financial sustainability.
To create awareness about the initiative, the Telangana Industrial Health Clinic (TIHCL), the state’s nodal agency for alternative MSME financing under the RAMP scheme, organised a workshop titled ‘SME IPO – A Promising Avenue for Fundraising for SMEs’ in collaboration with the department of industries, NSE and leading merchant bankers on Friday.
To support MSMEs, the government has introduced six strategic interventions, particularly focusing on unlocking alternative sources of finance. Traditionally, MSMEs have relied on family savings, bank loans and unsecured credit, which often restrict their growth potential.
G. Malsur, director of industries, emphasised the crucial role of MSMEs in the state's economic growth and employment generation. He reaffirmed the government’s commitment to supporting SMEs through various schemes, incentives, and policy interventions. Encouraging MSMEs to explore capital markets as a funding option, he assured full support through District Industries Centres and announced plans to provide financial assistance for MSMEs seeking to list on NSE EMERGE.
Harish Ahuja, senior vice president of NSE, provided insights on how SMEs can leverage NSE EMERGE for capital infusion, credibility and scalability. Meanwhile, Hari Surya, founder director of Synfinx Capital, outlined the critical role of merchant bankers and consultants in preparing MSMEs for IPOs.
