Over 11 lakh MSMEs registered under new online system
Over 11 lakh MSMEs registered under new online system
BusinessToday.In
- Nov 9, 2020,
- Updated Nov 9, 2020 5:27 PM IST
- 1/5
New online system of MSME or the Udyam registration launched by Union MSME Ministry rolled out on 1 July, 2020, has seen more than 11 lakh MSMEs registrations. This portal is seamlessly integrated with CBDT and GST networks as also with the GeM. Through this integration, now MSME registration is a totally paperless exercise.
Niti Kiran, Pragati Srivastava
- 2/5
As per the analysis of the registrations till October-end, 3.72 lakh enterprises have been registered under manufacturing category whereas 6.31 lakh enterprises were under service sector.
- 3/5
The share of micro enterprises is 93.17 per cent whereas small and medium enterprises have a 5.62 per cent and 1.21 per cent share respectively.
- 4/5
Around 7.98 lakh enterprises are owned by men whereas 1.73 lakh enterprises by women.
- 5/5
The top five industrial sectors of registrations are - food products, textile, apparel, fabricated metal products and machinery & equipments. The five leading states for Udyam registrations are Maharashtra, Tamil Nadu, Rajasthan, Uttar Pradesh and Gujarat.