The standard of any country can be judged through its economy. Stronger the economy is, more developed country will be. Skills and knowledge are the driving forces of economic growth and social development for any country. Countries with more and better levels of skills regulate more successfully to the challenges and opportunities of the world of work. To meet global standards of quality, to increase foreign trade, to bring advanced technologies and to enhance MSMEs growth for the sustainable economic development, The Prime Minister Of India, Mr. Narendra Modi has Launched The Skill India Campaign. The skill India campaign helps in reducing poverty by increasing employability, productivity and helping sustainable enterprise development and inclusive growth. It facilitates high productivity, increased employment opportunities, income growth and development. Skill development the key To India’s MSME growth and competitiveness. MSMEs have been basically recognized as a base stone for the industrial development of any country. These enterprises contribute about 90 per cent of the business worldwide. These enterprises needs skilled workforce to meet competition. Therefore, this paper focuses on the present status of skill development, growth in the field of MSMEs in relation to skill development, and Opportunities for skilled employees as conclusion.