Karnataka + IRISEmpowering MSMEs, Shaping the Future

Karnataka is India’s innovation hub. Be it in tech, startups, or forward-thinking policies. Now, In partnership with IRIS, the state is taking a big leap to support MSMEs on the ground.

42.1 Lakh+
Total Udyam Registered Companies
21.4 Lakh+
Informal Micro Enterprises (IMEs)
10.4 Lakh+
Total GST Registered Companies
370
Industrial Parks available in the state
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Empowering Enterprises, Enabling Growth

The Government of Karnataka envisions MSMEs as the backbone of inclusive and sustainable economic development. Through progressive policies and strong ecosystem support, the state aims to position MSMEs as drivers of innovation, employment, and exports.

  • Inclusive Industrialization Across Regions
    Promote balanced growth by developing MSME clusters in Tier-2 and Tier-3 cities, ensuring equitable industrial development across all districts.

  • Enabling Access to Markets, Finance, and Technology
    Provide targeted support through digital platforms, easy credit access, technology adoption incentives, and integration with domestic and global value chains.

  • Simplifying Compliance and Supporting Entrepreneurship
    Reduce regulatory burden through single-window systems, support skilling and capacity-building, and foster a culture of entrepreneurship, especially among women and youth.

IRIS MSME Collaboration Highlights

Under the MoU with the Karnataka government, IRIS MSME is deploying a suite of digital solutions tailored to the needs of MSMEs:

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E-Invoice Portal

Simplifies the invoicing process, ensuring compliance with GST norms and enhancing competitiveness.

MSMEtv

Ensures seamless government connections with the business on ground to spread right awareness.

Compliance & Credit Toolkits

Compliance & Credit Toolkits – Making MSMEs credit-ready while simplifying tax and statutory compliance.

Scheme Matchmaking Engine

Suggests state and central benefits based on the MSME's size, sector, and geography.

Karnataka Udyog Mitra

Karnataka MSME Policy

Department of Industries