MSMEs are an important sector in the Indian economy and its play a key role in economic and national development. They not only create jobs but also work together to develop backward and rural communities. As per the Government annual report (2018-19), presently there are 6,08,41,245 MSMEs in India.
With a hope of the to create five crore job opportunities in the MSME sector, the Government had announced about making changes to the MSME, where turnover will define an MSME, and not based on investment put into it.
Since its inception, part of MSME has proven to be India's most powerful economic sector. MSME manufactures and manufactures a wide range of products in the domestic and international markets.
The Government of India has taken several initiatives to holistically develop the MSMEs of the country

Register your business as MSME Registration @ https://www.msmeregistration.org/