Important Checklist for MSME Registration
The Micro, Small & Medium Enterprises Development (MSMED) Act 2006 came into effect from October 2nd 2006 for the upbringing of this sector in India. Presently, the MSME sector holds a share of 50% of India’s total exports and 45% of the country’s total industrial employment. Also, the sector as a whole manufactures more than 6000 types of products. As per official data, the count of companies registered under the MSME Act are- 05 million micro enterprises. 33 million small enterprises. 5000 medium enterprises. Uttar Pradesh has the highest number…
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