The Micro, Small, and Medium-Sized Enterprises (MSMEs) industry in India has emerged as a thriving and dynamic industry for the economy. It is acknowledged as serving as a catalyst for growth and development. MSMEs are essential in generating a significant amount of employment at a low capital cost compared to major businesses, aiding in the formation of enterprises in economically underdeveloped regions and reducing regional inequality, and guaranteeing a justifiable distribution of the nation's income and wealth. In comparison to the total industrial sector, the MSME sector has consistently recorded progress that is superior. This study looked at the MSME sector's role in the growth of the country as well as the areas where it needs to be strengthened to continue playing a role in India's development. The study discovered that MSMEs might be a blessing and a source of hope for the Indian economy in the near future. The MSMEs are contributing to society's uniform growth and can be a powerful tool for utilizing India's natural resources. If MSMEs are established in impoverished areas, they are particularly beneficial in eliminating regional disparities. MSMEs create more jobs per unit than other industries. Their individuality needs to be fostered openly and explicitly if this contribution is to be sustained.

Keywords: MSMEs Make in India Program, C, Challenges and Policy Interventions.