Share on LinkedInShare on LinkedIn

ARTICLE · 11 JANUARY 2024

Decarbonizing MSMEs Through The Indian Carbon Market: A Comprehensive Exploration

King, Stubb & Kasiva
King, Stubb & Kasiva
Contributor
King, Stubb & Kasiva

King, Stubb & Kasiva

King Stubb & Kasiva is few of the top corporate law firms in India with offices in Bengaluru,...

View firm profile
Explore more from King, Stubb & Kasiva

Micro, Small, and Medium Enterprises (MSMEs) are the lifeblood of India's industrial landscape, contributing around 29% to the nation's GDP and employing over 110 million people.

IndiaEnergy and Natural Resources

Introduction

Micro, Small, and Medium Enterprises (MSMEs) are the lifeblood of India's industrial landscape, contributing around 29% to the nation's GDP and employing over 110 million people (Ministry of Micro, Small & Medium Enterprises Annual Report, 2019-20). As India strides towards sustainable development, the decarbonization of MSMEs takes centre stage. This edition of our newsletter explores the dynamic interplay between MSMEs and the evolving Indian Carbon Market, shedding light on the intricacies of energy efficiency goals, existing schemes, and the potential impact of the carbon market on MSMEs.

MSMEs in India: A Statistical Overview

Understanding the significance of MSMEs necessitates a statistical lens. As per the Annual Report (2019-20) from the Ministry of Micro, Small & Medium Enterprises, MSMEs make up approximately 29% of India's GDP and provide employment to more than 110 million individuals. The significance of their contribution to

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

https://ksandk.com/

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from