Indian MSMEs - Shifting gears for next level growth

For a nation to succeed, it is critical that its MSME’s contribute disproportionately to the nations progress. This contribution is only possible when MSME’s have access to the right partners across their ecosystems whether suppliers, government or bankers. ( Basically start off with the macro view of MSME’s and then Axis banks partnership and commitment to MSME’s).

At Axis Bank,we’ve always been committed in our mission to help MSME’s grow and scale. And as the MSME ecosystem has transformed over the years, we’ve learnt, grown and evolved right alongside it.

Through countless conversations with entrepreneurs over the last 10+ years, one truth became impossible to ignore: MSMEs needed the right knowledge at the right time, in the right form. For MSMEs, doing everything right isn’t optional; it’s essential. Yet too often, they were making critical decisions without access to timely guidance.

Someone needed to step up. So we did.

We realized early on that the most powerful way to help MSMEs grow stronger, bigger and better was to equip them with knowledge they could act on—insights that were timely, relevant and practical. And that belief is what gave birth to Evolve nearly a decade ago.

The journey began in 2014 with our very first session in Jaipur—a modest start that would eventually grow into Axis Bank’s longest‑running MSME knowledge platform.

In the years leading up to 2022, our approach centred on bringing in some of the finest industry experts—voices backed by data, proven frameworks and deep market understanding. These sessions were sharp, analytical and forward‑looking, helping MSMEs step back from day‑to‑day pressures, re‑evaluate their priorities and prepare for the next stage of growth.

But by 2023, we sensed a shift.

MSMEs no longer wanted only expert analysis—they wanted real stories. Real challenges, real resilience, real failures and real wins. They wanted to learn from people who had stood where they stand today, people who had taken risks, stumbled, reinvented themselves and succeeded.

That’s when it struck us: the richest bank of knowledge wasn’t just outside—it was within our own MSME community. Our clients had built, rebuilt and grown through grit and ingenuity. Their journeys carried insights no report or playbook could offer.

And so, a new chapter of Evolve began—one where our clients took the spotlight, sharing their experiences with honesty, candour and, at times, uncomfortable truths. Conversations became more personal. Insights more relatable. And learning, more impactful than ever.

Today, as we look at a decade of Evolve—10 sessions, 50+ cities, 12,000+ clients—we’re proud of what this platform has grown into: a living, breathing community of learning. By learning and growing together, we’ve been able to reinvent this platform to stay in step with the times—and in step with the needs of our clients.

And as the spotlight on India’s MSMEs grows brighter than ever, we remain firmly committed to walking every step of this journey with them.

Because at Axis Bank, our purpose is unwavering—to empower MSMEs with knowledge, partnership, and trust, and to continue doing our absolute best to be your banker of choice.

Frequently Asked Questions

Evolve is all about connections and conversations that matter. It’s a knowledge and networking series designed to bring MSME clients and Axis Bank leadership together on one platform—creating space to share ideas, explore opportunities, and discover curated solutions tailored for your business. These sessions travel across cities, giving you a chance to engage directly with our team and your peers. Your Relationship Manager will reach out with details, and we recommend registering early to make your experience seamless and enjoyable.

India’s vision of becoming a $10 trillion economy hinges on the strength and scalability of its MSME sector. Micro, Small, and Medium Enterprises are not just contributors—they are catalysts for growth, innovation, and employment. Over the last decade, MSMEs have evolved from being local players to becoming integral drivers of India’s global competitiveness. As we celebrate a decade of empowering MSMEs, our theme for the 10th edition - ‘MSMEs – Powering the $10 Trillion Economy’ echoes the same.

Think of Evolve as more than an event—it’s an evening of ideas, conversations, and connections designed just for you. It’s your chance to learn, engage, and grow—all in one evening.

Here’s what you can look forward to:

  • Inspiring Speaker Sessions – Dive into insights on topics that matter to your business.
  • Interactive Q&A – Ask your questions, share your thoughts, and get real answers in a lively forum.
  • Networking & Dinner – Connect with peers from the MSME community, exchange ideas, and build relationships over a relaxed dinner.

1. Edition 1 (2014–2015): Social Media Marketing

We started by helping MSMEs unlock the power of social platforms. With partners like LinkedIn, Marketing Unplugged, and SMG Convonix, and sessions across 38 cities, this edition focused on how businesses could use social media to build brand visibility, engage customers, and drive growth.

2. Edition 2 (2015–2016): How to Scale Your Business

Scaling is every entrepreneur’s dream—and this edition made it practical. Through sessions across 40 cities, we shared strategies for expanding operations, managing resources efficiently, and leveraging marketing to reach new markets. The sole aim – educate MSMEs on how to scale up from local presence to a national footprint.

3. Edition 3 (2017): Understanding the Impact of GST on SME Businesses

GST was a game-changer, and MSMEs needed clarity. With tax experts from E&Y and PwC, this edition broke down GST regulations, compliance requirements, and their implications on pricing and supply chains—helping businesses adapt confidently to India’s new tax regime.

4. Edition 4 (2018): Transforming Family Businesses into Dream Companies

Family businesses are the backbone of India’s economy. This edition, in partnership with Dun & Bradstreet India, featured leaders from iconic brands like Thyrocare, Apollo Group, Marico, and Balaji Wafers. The focus? Turning legacy businesses into professionally managed, future-ready enterprises without losing their core values.

5. Edition 5 (2019): Unlocking Growth Through Innovation

Innovation isn’t optional—it’s essential. This edition explored how MSMEs could integrate new technologies, rethink processes, and adopt creative solutions in manufacturing, distribution, and marketing. Industry leaders shared real-world examples of innovation driving competitive advantage.

6.Edition 6 (2020): Gearing Up for a $5 Trillion Economy

India’s vision for a $5 trillion economy put MSMEs in the spotlight. This edition highlighted key sectors, policy support, and digital transformation strategies that would enable MSMEs to play a pivotal role in achieving this national goal. Attendees gained insights from thought leaders who’ve scaled businesses successfully.

7.Edition 7 (2022): Indian MSMEs – Shifting Gears for Next-Level Growth

Post-pandemic recovery demanded agility. This edition focused on helping MSMEs pivot to new business models, embrace digital tools, and strengthen supply chains. With Dun & Bradstreet India as knowledge partner, sessions across 20 cities inspired businesses to accelerate transformation and seize emerging opportunities.

8.Edition 8 (2024): Future Proofing MSME Businesses Within the Current Macro-Economic Outlook

This edition focused on helping MSMEs navigate uncertainty and volatility. From inflationary trends to global supply chain shifts, the conversations centered on building resilience—through smarter financial planning, risk management, and technology adoption—so businesses can thrive no matter what the economic climate

9.Edition 9 (2024–2025): Future Proofing MSMEs for the New Age

As digital disruption accelerates, this edition explored how MSMEs can embrace innovation to stay competitive. Topics ranged from leveraging AI and automation to tapping into e-commerce and fintech solutions. The goal? Equip MSMEs with tools and strategies to transform challenges into opportunities in a rapidly evolving marketplace.

10.Edition 10 (2025–ongoing): MSMEs – Powering the $10 Trillion Economy

This milestone edition celebrates the pivotal role MSMEs play in driving India’s growth story. With sessions across Pune, Jaipur, Siliguri, Vizag, Vijayawada, Calicut, Indore, and Raipur, the conversations spotlight scaling strategies, digital-first solutions, and collaborative ecosystems under the One Axis banner—bringing together curated products and services to help businesses grow faster and smarter.

Evolve

Dil Se Open stories 2022