Empower Your Business with MSME/Udyam Registration
In India, MSME was introduced in the year 2006. The definition of Micro, Small and Medium-sized Enterprises was historically changed, and the government has simplified MSME Registration online with paperless work.
All manufacturing enterprises which have invested less than 10 crores in machinery and plant are allowed to be registered as MSME. (Note: Criteria may vary for service enterprises and are subject to current government guidelines).
Ministry of MSME, Govt. of India
सूक्ष्म , लघु और मध्यम उद्यम मंत्रालय
OUR STRENGTH • हमारी शक्ति
MSME : Micro, Small and Medium Enterprises
Types of MSME's
Micro Enterprises
Micro-enterprises are the smallest entities, of course. The investment under Micro manufacturing enterprises should be less than Rs. 25 lakhs in plant and machinery, whereas, the micro service enterprises should not exceed Rs. 10 lakhs investment.
Investment Criteria:
- Manufacturing: Investment < ₹25 Lakhs
- Service: Investment ≤ ₹10 Lakhs
Small Enterprises
In small manufacturing enterprises, the investment should be in between Rs. 25 lakh and Rs. 5 crores in plant and machinery, while in small service enterprises this investment limits between Rs. 10 lakh and Rs. 2 crores.
Investment Criteria:
- Manufacturing: ₹25 Lakhs < Investment ≤ ₹5 Crores
- Service: ₹10 Lakhs < Investment ≤ ₹2 Crores
Medium Enterprises
And if we'll talk about the Medium manufacturing enterprises, then the investment should be in between Rs. 5 crore and Rs. 10 crores in plant and machinery, and for small service enterprises it should be in between Rs. 2 crore and Rs. 5 crores.
Investment Criteria:
- Manufacturing: ₹5 Crores < Investment ≤ ₹10 Crores
- Service: ₹2 Crores < Investment ≤ ₹5 Crores
*The classification criteria mentioned are as per the provided image. Current MSME classification (Udyam Registration) is based on composite criteria of investment in plant & machinery/equipment and annual turnover.
Benefits of MSME / SSI Registration
Cheaper bank loans
The rate of interest on loan offered to MSMEs is 1-1.5% lower compared to typical business loan interest.
Easy access to credit
PM Modi has introduced the Mudra Loan scheme, which provides loans to MSME / SSI without collaterals.
Quicker approvals
Business registered under MSME are given higher preference in terms of government license and certification from state and central government bodies.
Tax rebates
MSME / SSI registered businesses enjoy multiple income taxes and capital gains tax subsidies from the government.
Cheaper infrastructure
Charges are lower for MSME registered company for facilities such as electricity and VAT exemptions. In fact, other business services such as patents are also cheaper for MSMEs.
Access to tenders
There are multiple government tenders which are open only to MSMEs to promote small business participation in the India.
Our MSME/Udyam Registration Services
Government Registration Fees Handling
Application Preparation
Document submission to MSME registrar
Obtain MSME certificate
Unlock MSME Benefits Today!
Register your business under MSME/Udyam and avail numerous government schemes, subsidies, and support.