Register with Udyam for Business Success
Introduction Udyam Registration is a government-initiated process in India aimed at promoting and facilitating the growth of micro, small, and medium enterprises (MSMEs). Launched on July 1, 2020, under the Ministry of Micro, Small and Medium Enterprises, Udyam Registration replaces the earlier process of MSME registration and Udyog Aadhaar. This online registration system is designed to be simple, efficient, and transparent, ensuring that MSMEs can easily access various benefits and support provided by the government. Eligibility criteria for udyam registration: To be eligible for Udyam Registration, an enterprise must fall within the defined criteria for micro, small, or medium enterprises. The classification is based on the investment in plant and machinery or equipment and the annual turnover of the enterprise. Micro Enterprise: Investment up to ₹1 crore and turnover up to ₹5 crore. Small Enterprise: Investment up to ₹10 crores and turnover up to ₹50 crores. Medium Enterprise: Inv