UDYOG AADHAAR (MSME)

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Udyog Aadhaar or MSME registration is a certificate provided to micro, small, medium-sized businesses in India under the Micro, Small and Medium Enterprise Development Act, 2006 (MSMED). Udyog Aadhaar used to be referred to as MSME registration earlier. Now, the process for obtaining MSME registration has been merged with Udyog Aadhaar registration and made online by the Government. The main objectives of the MSME department with respect to providing Udyog Aadhaar registration are as follows:

  • 1. To enable the micro, small and medium enterprises to compete with international competition efficiently;
  • 2. To promote the growth of micro, small and medium enterprises on a large scale to effectively tackle the widespread problems of unemployment and poverty;
  • 3. To extend the benefits of various government scheme at one stop to the SSI units;
  • 4. To safeguard SSI from financial harassment in the hands of big industries.

    • UDYOG AADHAAR ELIGIBILITY

    Not all businesses can obtain Udyog Aadhaar registration. Only those entity that are classified as a micro, small or medium enterprise as per the table below based on investment in plant and machinery is eligible for Udyog Aadhaar.

    CLASSIFICATION

  • MICRO ENTERPRISE

    UPTO RS. 25 LAKHS INVESTMENT IN PLANT & MACHINERY

  • SMALL ENTERPRISE

    UPTO RS.5 CRORE INVESTMENT IN PLANT & MACHINERY

  • MEDIUM ENTERPRISE

    UPTO RS.10 CRORE INVESTMENT IN PLANT & MACHINERY

    • BENEFITS OF UDYOG AADHAAR

    Udyog Aadhaar registration is provided free of cost by the Government and its simple and easy to obtain online. After obtaining Udyog Aadhaar, a business can enjoy the following benefits:

  • 1. The applicant will receive financial support for participating in foreign expos to showcase their products.
  • 2. The applicant will also be eligible for government subsidies.
  • 3. Registration would facilitate the hassle-free opening of current bank accounts in the name of the business.
  • 4. It would also allow businesses to apply for government micro business loans and other such related beneficial schemes.
  • 5. Easier sanction of bank loans at lower interest rates.

    • 2,500 /- INR
    (MSME)