Udyam Portal records 12,000 new registrations per day: Govt

The Indian Government's new paperless platform for micro, small and medium enterprises (MSMEs) to register through one's Aadhar number has received 12,000 registrations per day, according to the MSME Ministry secretary.

March 7, 2022

Since the revision of the MSME definition, 75.25 lakh registrations have been received.

Almost 95% i.e 71.49 lakh business registrations are micro-entreprises, out of which 4.5% i.e 3.4 lakh are small and 0.46% i.e 35,298 are medium enterprises, as per the data.

Plastics exports have seen considerable growth of 39.1% from US$7,987 million to US$11,108 million.

The plastic industry in India has generated over 34 lakh tons of plastics i.e a 21.8% increase in the last five years, as per the government.

The Indian Government’s new paperless platform for MSMEs to register through Aadhar number, Udyam registration has received approximately 12,000 registrations per day, stated BB Swain, Secretary, MSME Ministry. As per the Udyam portal, the government has recorded 75.25 lakh registrations since 1st July, 2020 after the revision of the MSME definition. 

Almost 95% i.e 71.49 lakh business registrations are micro-entreprises, out of which 4.5% i.e 3.4 lakh are small and 0.46% i.e 35,298 are medium enterprises, as per the data. The plastic industry has also seen considerable growth. The increasing number of plastic exports during the April 2021 to January 2022 period and notched up by 39.1% to US$11,108 million from US$7,987 million during the April-2020 to January 2021 period, as per the data from The Plastics Export Promotion Council. 

India generated over 34 lakh tons of Plastic during 2019-20 and recorded an average annual increase of 21.8% in the last five years, as per the government. 

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