International MSME Day is celebrated on June 27th every year to recognize the contributions of Micro, Small, and Medium Enterprises (MSMEs) to global economy. These enterprises play a crucial role in generating employment, promoting innovation, and driving economic growth. The day is an opportunity to raise awareness about the importance of MSMEs and highlight their impact on sustainable development.

MSMEs are considered as the backbone of many economies around the world, accounting for a significant portion of GDP and employment. The event aims to showcase success stories of MSMEs and encourage support for their growth and development. Through various activities and initiatives, International MSME Day aims to empower entrepreneurs and create a conducive environment for their businesses to thrive.

The celebration of International MSME Day also serves as a platform to address the challenges faced by small businesses, such as access to finance, technology, and markets. It provides an opportunity for policymakers, stakeholders, and the public to discuss solutions to these obstacles and support the resilience and sustainability of MSMEs. The day is a reminder of the importance of fostering a supportive ecosystem for small businesses to flourish and contribute to inclusive and sustainable economic growth.