Industry-wise MSME Statistics in India 2026: Trading, Services and Manufacturing
India’s Micro, Small and Medium Enterprises (MSMEs) operate across a wide range of industries and business activities. From manufacturing units and wholesale traders to professional service providers, these enterprises form an important part of the country’s business ecosystem.
The Ministry of MSME classifies registrations by three broad activities: manufacturing, services and trading. According to its Performance Dashboard, India had more than 10 crore combined Udyam and Udyam Assist Platform registrations as of 4 November 2026.
Key Industry-wise MSME Statistics in India 2026
The official dashboard reports the following distribution by business activity:
| Business activity | Registrations | Approx. share |
|---|---|---|
| Trading | 4,17,40,384 | 41.6% |
| Services | 3,89,12,746 | 38.8% |
| Manufacturing | 1,97,18,349 | 19.6% |
Trading represents the largest activity group, followed by services and manufacturing.
1. Trading MSMEs: 4.17 Crore Registrations
Trading accounts for approximately 41.6% of the reported activity-wise registrations, making it the largest of the three categories.
This segment includes businesses involved in buying, selling and distributing products across wholesale and retail markets. Examples include:
• Wholesale distributors and dealers
• Retail businesses and shop operators
• Trading and distribution companies
• Consumer goods and industrial product suppliers
• Regional dealers and commercial intermediaries
For manufacturers and suppliers, trading enterprises can represent potential distribution partners, resellers and commercial buyers. The relevance of any particular business depends on its product range, location and purchasing requirements.
2. Services MSMEs: 3.89 Crore Registrations
Services account for approximately 38.8% of registrations, making this the second-largest activity group.
The services segment covers a broad range of business-to-business and consumer-facing activities, including:
• IT and software services
• Consulting and professional services
• Logistics and transportation
• Repair and maintenance
• Marketing and advertising services
• Business support and outsourcing
• Hospitality and other service activities
The size of this segment indicates the significant presence of service-oriented enterprises in India’s MSME registration ecosystem. Businesses offering software, financial services, logistics, technology and professional solutions may find relevant customer segments within this group.
3. Manufacturing MSMEs: 1.97 Crore Registrations
Manufacturing represents approximately 19.6% of the reported activity-wise registrations.
These enterprises are involved in producing, processing, assembling or converting materials and components into finished or intermediate goods.
Examples of manufacturing-related segments include:
• Food and beverage processing
• Textiles and apparel
• Machinery and engineering products
• Electrical and electronic equipment
• Chemicals and industrial materials
• Automotive components
• Furniture and wood products
• Packaging and fabricated products
Manufacturing enterprises may require raw materials, machinery, components, packaging, industrial equipment and production-related services. This creates potential B2B opportunities for suppliers and service providers, although registration figures alone do not establish purchasing demand.
What Do Industry-wise MSME Statistics Tell Us?
The activity-wise distribution highlights three important characteristics of India’s registered MSME ecosystem:
• Trading has the largest registration share: Trading businesses account for approximately 41.6% of reported registrations.
• Services form a substantial segment: Service enterprises represent approximately 38.8% of registrations.
• Manufacturing remains significant: Nearly one-fifth of registrations are classified under manufacturing.
These figures provide a broad picture of the types of business activities represented in the registration system. They should not be interpreted as the respective sectors’ shares of GDP, industrial output, revenue or employment.
B2B Business Opportunities Across MSME Activities
Activity-wise statistics can help businesses develop an initial market segmentation strategy.
| Target segment | Potential B2B offerings |
|---|---|
| Trading businesses | Wholesale products, distribution partnerships, inventory and retail technology |
| Service businesses | Software, marketing, consulting, financial and business support services |
| Manufacturing businesses | Raw materials, machinery, components, packaging and industrial solutions |
For more focused prospecting, businesses should combine activity classification with industry, location, enterprise size and specific product requirements. This helps narrow broad registration categories into more relevant potential customer segments.
Industry-wise MSME Statistics at a Glance
• 4.17 crore: Trading registrations.
• 3.89 crore: Service registrations.
• 1.97 crore: Manufacturing registrations.
• 41.6%: Approximate share of trading.
• 38.8%: Approximate share of services.
• 19.6%: Approximate share of manufacturing.
Data reference date: 4 November 2026
Sources and References
• Ministry of Micro, Small and Medium Enterprises, Government of India — MSME Performance Dashboard
Data note: Figures represent registrations reported under manufacturing, services and trading through the Udyam and Udyam Assist Platform framework as of 4 November 2026. Percentages are approximate and rounded. Activity-wise registrations should not be interpreted as the number of unique active enterprises or as a measure of sector revenue, output or market demand.