The Micro, Small, and Medium Enterprises (MSMEs) sector plays a crucial role in India's economy, contributing 33% to GDP and driving innovation, growth, and employment. It's poised to contribute $1 trillion to exports by 2028. The sector's adaptability and grassroots entrepreneurship make it vital, enhancing productivity and competitiveness. The sector benefits from India's appeal to manufacturing companies relocating from China. MSMEs can provide essential products and services to these firms, fostering their own growth and benefiting from technology transfer. Government initiatives like 'Make in India' support MSMEs, with policy changes promoting sustainable growth. Challenges include limited access to capital, technology, and information. Financial institutions like DBS Bank offer digital solutions to overcome these barriers. Streamlined regulations, improved credit access, and innovation focus can further boost the MSME sector's contribution to India's economy.