Over 11 Lakh MSMEs Have Registered On Udyam Portal Since Its Launch In July This Year: Govt

More than 11 lakh micro, small and medium enterprises (MSMEs) have registered themselves on Udyog portal since its launch in July, the MSME Ministry said on Saturday (7 November).

The government had launched the Udyam portal for MSME registration in July earlier this year. The portal has been integrated with CBDT and GST networks as also with the government e-marketplace (GeM), making the process of MSME registration a totally paperless exercise.

In the statement, the ministry said that it has instructed all of its Field establishments such as MSME-Development Institutes, MSME Technology Centers, NSIC, KVIC, Coir Board to extend full support to entrepreneurs for Udyam Registration.

Similarly, all district magistrates and district industries centres have been requested to expedite registration by the MSMEs, it added.

According to the ministry, 3.72 lakh enterprises have registered under manufacturing category on the Udyam portal whereas 6.31 lakh enterprises under service sector.

The share of micro enterprises is 93.17 per cent whereas small and medium enterprises are 5.62 per cent and 1.21 per cent respectively.

The ministry further informed that five leading States for Udyam registrations are Maharashtra, Tamil Nadu, Rajasthan, Uttar Pradesh and Gujarat.

Enterprises which are not yet registered, should register themselves to avail the benefits of Ministry of MSME and other government agencies, the ministry said adding that the registration is free of cost and should be done only on the government portal.