The newest analysis of the India MSME Financing Market Report 2023 by Report Ocean focuses on a number of market-related topics, such as its characteristics, size and growth, segmentation, regional and national breakdowns, competitive environment, market shares, trends, and strategies. The MSME play a pivotal role in the Indian economy. In FY 2021, the MSME industry offered employment to more than 111 million people and was the second-largest employment-generating sector in India. The sector contributes ~29% to the country’s GDP, which is expected to reach 50% by 2025. The overall debt demand by MSMEs amounted to ~ INR 105.50 trillion in 2020. In 2020, the estimated addressable debt demand was INR 44.66 trillion. Small businesses are the most vulnerable to unexpected crises like COVID-19 because of their size, scale of business operations, and limited financial management resources. However, the government has announced several policy measures to minimize losses.