Udyam Registration

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Udyam - Overview

Micro, small, and medium-sized enterprises (MSMEs) play a vital role in India’s GDP, employing over 110 million people. Despite this, they encounter growth hurdles. To assist them, the Indian government launched a new classification on 13 May 2020, designating all MSMEs as ‘Udyam’ and making ‘Udyam Registration’ mandatory from 1 July 2020, to offer support and recognition.

Udyam Registration, initiated by the Ministry of Micro, Small, and Medium Enterprises, aims to categorise Indian MSMEs and provide them with rightful benefits. The registration process ensures seamless integration with diverse government databases, including PAN, GST, and IT.

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