To avail the benefits under the MSMED Act from Central or State Government and the Banking Sector, MSME /Udyog Aadhar Registration is required. MSME stands for micro, small and medium enterprises and any enterprise that falls under any of these three categories. Micro, Small and Medium Enterprises (MSME/Udyog Aadhar) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades.

On 13th may, 2020 Government of India announced some major relief to the MSMEs. And one of the major relief is that the Government Revised the definition of the MSMe as a whole.

The new definition of MSME/Udyog Aadhar is as follows -

Micro Enterprise:

Manufacturing and services enterprises with investments up to Rs 1 crore and turnover up to Rs 5 crore will be classified as micro enterprises.

Small Enterprise:

For small enterprises, the investment criteria and the turnover criteria has been revised upwards to Rs 10 crore and Rs 50 crore respectively.

Medium Enterprise:

The enterprises which have investment up to Rs 20 crore and turnover up to Rs 100 crore will be termed as medium enterprises.

Claim your access to Government Subsidies, Priority Lending and a quick start up. Register for MSME/Udyog Aadhar

SERVICE INCLUDES

• • MSME Guidance
• • Filing of MSME Registration
• • MSME Registration Certificate