Govt: MSME registrations on Udyam portal to touch 1-crore mark soon
Ease of Doing Business for MSMEs: Online portal for registration of micro, small and medium enterprises (MSMEs) is soon likely to have 1 crore registrations, said Mercy Epao, Joint Secretary – SME Division, MSME Ministry on Tuesday. “We are hoping to touch 1 crore very soon,” said Epao at an event organised by PHD Chamber of Commerce and Industry on opportunities for MSMEs in indigenisation requirements of the Indian Air Force. Launched on July 1, 2020, after the reclassification of MSMEs, the Udyam portal had already registered 84.94 lakh MSMEs at the time of filing this report, according to the data from the portal. 80.95 lakh were micro units, 3.62 lakh were small enterprises, and only 36,364 were medium businesses out of the total registrations.