Udyam registration is the new name which has replaced the old MSME and Udyam Registration. It is a certification provided by the government of India to the Micro, Small and Medium enterprises. It is also a mandatory process for any Micro small and medium enterprises.
This registration provides enterprises with a wide range of benefits, including subsidies, lower interest rates, easy loans, and eligibility for government schemes.
It helps businesses grow, especially startups, manufacturers, traders, and service providers.