India’s Small and Medium Enterprises (SMEs), the NSE Emerge platform has marked a watershed moment, surging past the Rs. 1,00,000 Crore market capitalization milestone. Since its establishment in 2012, the platform has evolved into a launchpad for 397 companies, facilitating funding exceeding Rs. 7,800 Crores and reshaping the trajectory of SMEs across 19 sectors.
The Nifty SME EMERGE Index, boasting a remarkable Compound Annual Growth Rate (CAGR) of 39.78% until November 2023, tells a story of not just financial growth but a narrative of tenacity and innovation in the SME sector. Additionally, 138 enterprises successfully transitioning to the NSE mainboard platform underscores the platform’s commitment to nurturing high-quality businesses and regulatory compliance.
Shri Sriram Krishnan, Chief Business Development Officer, NSE, hailed the achievement, stating, “NSE Emerge listed companies crossing one lakh crore market capitalization is a significant milestone, spotlighting the latent potential of Indian MSMEs.”Beyond the financial metrics, this accomplishment symbolizes a broader shift in the financial landscape, positioning NSE Emerge as a springboard for emerging enterprises, promising a new era of dynamism and growth.
