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Cabinet Approves 10000 Crore Fund to Empower SMEs for Global Expansion
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CNBC TV18•06-10-2026, 16:11
Cabinet Approves 10000 Crore Fund to Empower SMEs for Global Expansion
- •The Union Cabinet approved a 10000 crore commitment to the SME Growth Fund to provide equity capital for small and medium enterprises.
- •The fund aims to help businesses scale operations, adopt advanced technologies, and enter international markets.
- •A majority of the investments will target manufacturing-focused SMEs, with a special focus on industrial clusters in Tier-II and Tier-III cities.
- •The initiative addresses a critical gap in growth-stage equity funding, offering long-term risk capital to established businesses with high potential.
- •The SME Growth Fund will complement existing government measures like credit support, digitalisation, and production-linked incentive programmes.
Key Questions Answered
The Union Cabinet approved a government commitment of ₹10,000 crore to the SME Growth Fund.
A majority of the fund's investments will be directed towards small and medium manufacturing-focused enterprises.
The fund was announced in the Union Budget 2026-27 as part of a broader government push to provide equity, liquidity, and professional support to the MSME sector.
