Micro Small and Medium Enterprise (MSME) registration (also known as “Udyog Aadhaar”) is a registration to identify the MSME and to promote and protect them to survive in the competitive business world. This protection and promotion of such business is done by way of providing them with additional facility in the form of subsidy, relaxation and exemption by the Government. Udyog Aadhar is a 12 digit unique number allotted to an MSME for identification. This is also known as “Business Aadhaar”. Udyog Aadhaar is applicable for Enterprise engaged itself in manufacturing or rendering services. An enterprise is classified as MSME depending upon its investment in Plant and Machinery (manufacturing)/Equipment (Service) which can be categorized as follow:
Nature | Manufacturing Investment in Plant and Machinery | Service Investment in Equipment |
---|---|---|
Micro Enterprises | Does not exceed Rs. 25,00,000/- (Twenty-Five Lakh Rupees) | Does not exceed Rs. 10,00,000/- (Ten Lakh Rupees) |
Small Enterprises | More than Rs. 25,00,000/- (Twenty-Five Lakh Rupees) but does not exceed Rs. 5,00,00,000/- (Five Crore Rupees) | More than Rs. 10,00,000/- (Ten Lakh Rupees) but does not exceed Rs. 2,00,00,000/- (Two Crore Rupees) |
Medium Enterprises | More than Rs. 5,00,00,000/- (Five Crore Rupees) but does not exceed Rs. 10,00,00,000/- (Ten Crore Rupees) | More than Rs. 2,00,00,000/- (Two Crore Rupees) but does not exceed Rs. 5,00,00,000/- (Twenty- Five Crore Rupees) |
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