4 crore MSMEs registered on India's Udyam portal, with 1.56 crore registrations from UAP since launch.
India's Udyam portal surpassed 4 crore (40,42,875) registered Micro, Small, and Medium Enterprises (MSMEs) since its launch in July 2020. The platform, including 3.93 crore micro enterprises, 6.08 lakh small enterprises, and 55,488 medium-sized enterprises, has seen rapid growth. The Udyam Assist Platform (UAP), launched in January 2021, contributed over 1.56 crore registrations, bringing units exempted from GST into the formal economy and offering access to priority sector lending.
March 15, 2024
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