MSME stands for Micro, Small, and Medium Enterprises. In accordance with the Micro, Small, and Medium Enterprises Development (MSMED) Act in 2006, the enterprises are classified into two divisions.
- Manufacturing enterprises – engaged in the manufacturing or production of goods in any industry
- Service enterprises – engaged in providing or rendering services.
Msmeregistration.org can help in providing assistance in getting your MSME (Micro, Small Medium Enterprises) Registration in India.
MSME Registration comes with many benefits including subsidies, incentives, credit facilities from banks, and protection against delayed payments by buyers of goods/services.