Understanding Small Scale Industries: The Backbone Of Indian Economy

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SSI registration is done under the MSME Ministry. To register a small-scale industry, the Udyog Aadhar online platform is utilized. In this article, we understand what MSME is and how do you register an SSI with Udyog Aadhar.

  • What is MSME?

Micro, small and medium enterprises make MSME.  They are formed within the purview of the Micro, Small & Medium Enterprises Development (MSMED) Act of 2006. The act classifies all MSME under two categories:

  1. a)   Service Enterprises are those which either provide or render a service. They are defined according to investment done in equipment.
  2. b)  Manufacturing Enterprises are those which produce or create goods. The products can be for an industry that is mentioned in the 1st Schedule of industries i.e., Development and Regulation Act, 1951. They can also be those plants that add value to a final product that already has a distinct use, name, or character. Manufacturing
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