MSME Udyam Registration

MSME Udyam Registration is the process by which micro, small, and medium enterprises (MSMEs) in India can register with the Ministry of MSME. This registration provides businesses with various benefits, including access to government schemes, financial support, and subsidies.

Eligibility Criteria:

1. Micro Enterprises:
• Micro Enterprises: Investment in plant and machinery/equipment should be less than ₹1 crore, and turnover should be less than ₹5 crore.
• Small Enterprises: Investment in plant and machinery/equipment should be less than ₹10 crore, and turnover should be less than ₹50 crore.
2. Medium Enterprises:
• Investment in plant and machinery/equipment should be less than ₹50 crore, and turnover should be less than ₹250 crore.
• Advantages of MSME Udyam Registration: : Easy Access to Credit: Registered MSMEs can apply for loans with reduced interest rates.
• Government Schemes: Access to various government schemes and incentives designed for MSMEs.