Introduction: Why Udyam Registration Matters More Than Ever In India’s rapidly evolving business ecosystem, Micro, Small, and Medium Enterprises (MSMEs) form the backbone of the economy, contributing nearly 30% to India’s GDP, and 45% of exports. To empower and streamline these businesses, the Government of India introduced the Udyam Registration system in July 2020 replacing […]
Tag Archives: Micro Small Medium Enterprises
🚀 Introduction: Why MSME Registration is Essential for Every Indian Business In the dynamic Indian economy, Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in fostering employment, innovation, exports, and economic growth. With over 63 million MSMEs contributing nearly 30% to India’s GDP, this sector is rightly called the backbone of the Indian […]