As per the latest data available as of March 2024, which state in India has emerged as the leader in terms of the highest number of Micro, Small, and Medium Enterprises (MSMEs), contributing over 17% to the country’s total MSMEs?

Correct option is C

The correct answer is (c).
Key Highlights on MSMEs in India:
· Maharashtra:
· Leads the country with the highest number of MSMEs, accounting for over 17% of India’s total MSMEs.
· Tamil Nadu:
· Contributes over 10% of the country’s MSMEs, ranking as a major contributor.
· Uttar Pradesh:
· Among the top three states for MSMEs in India, reflecting its significant industrial presence.
· Rajasthan:
· Home to 16 lakh MSMEs as of March 2024.
· Gujarat:
· Has a total of 15.96 lakh MSMEs, closely following Rajasthan.