| Category | Investment in Plant & Machinery / Equipment | Annual Turnover |
|---|---|---|
| Micro Enterprise | ≤ ₹1 Crore | ≤ ₹5 Crore |
| Small Enterprise | ≤ ₹10 Crore | ≤ ₹50 Crore |
| Medium Enterprise | ≤ ₹50 Crore | ≤ ₹250 Crore |
Both criteria (investment AND turnover) must be met. Revised under MSMED Amendment 2020, effective July 1, 2020.
India's MSME (Micro, Small and Medium Enterprises) sector is the backbone of the Indian economy — comprising over 6.3 crore enterprises, employing over 11 crore people, contributing ~29% of GDP, and accounting for nearly 50% of India's exports. Udyam Registration (the official MSME registration portal) is the gateway to a comprehensive range of government benefits — from priority sector financing and government procurement preferences to payment dispute resolution under MSME Samadhaan.
NSIC (National Small Industries Corporation) registration under the Single Point Registration Scheme (SPRS) provides registered MSMEs with special advantages in government tenders — including exemption from Earnest Money Deposit (EMD) and tender fee waivers. FGMS provides the complete MSME/NSIC registration service — from Udyam registration and NSIC SPRS to scheme linkage advisory and annual compliance management.
The following documents are generally required. Exact requirements may vary based on your product, entity type, and applicable standard. Our team provides a precise checklist after consultation.
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