MSME | Startups

The Micro, Small and Medium Enterprises (MSMEs) support industries as ancillary units. Whether you are launching a new venture or navigating the challenges of scaling up, seek feedback and insights from startup mentors.

 

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Startups

Our startup consulting team will help your business launch a growth initiative to scale your services and maximize your brand’s exposure. We work with business owners to craft a plan to make sure the business continues moving in the right direction, even when the market changes.

ou can use our expert startup consultancy to convert your new business vision to profit. Our team of EPAM Startups & SMBs will also recommend time-tested resources to help you develop a profitable financial strategy moving forward.

MSME Registration

Types of Registration and its Definitions:

Government of India has notified the MSMED Act, 2006. Accordingly Government of Maharashtra has also issued the Notification dated 27.10.2006. As per this Act, “Industries” word is replaced by “Enterprises”. There are three types of manufacturing enterprises and three types of Services Enterprises.

SNType of IndustryCategoryInvestment (In Plant & Machinery)
1.Manufacturing
MicroUpto ₹ 25 Lakhs
SmallMore than ₹ 25 Lakhs but less than ₹ 5 Crores
MediumMore than ₹ 5 Crores but less than ₹ 10 Crores
2.Service
MicroUpto ₹ 10 Lakhs
SmallMore than ₹ 10 Lakhs but less than ₹ 2 Crores
MediumMore than ₹ 2 Crores but less than ₹ 5 Crores

What are the businesses that come under MSME?

Here is a list of industries that come under MSMEs. The list contains examples of businesses that come under the definition of MSMEs.

List of businesses that comes under MSME include the following:

  1. Leather products
  2. Moulding of products like combs, umbrella frames, plastic toys, etc.
  3. Natural fragrance and flavours
  4. Placement and management consultancy services
  5. Training and educational institute
  6. Energy efficient pumps
  7. Xeroxing
  8. Beauty parlour and crèches.
  9. Auto repair services, and garages.
  10. X-ray clinics
  11. Equipment rental and leasing
  12. Photographic lab
  13. Servicing of agricultural farm equipment including tractor, pump repairing, ring boring machine
  14. Back-office operation relating to computerised data
  15. STD/ISD booths
  16. Retail trade business with low capital
  17. Multi channels dish cable TV With dish antenna
  18. Laundry and dry cleaning
  19. Toughened metallic ware
  20. Automotive electronic component products
  21. Electronic surveillance and security
  22. Mechanical engineering like steel almirahs, cocks, and valves, wire cutters, etc.
  23. Engineering and fabrication
  24. Recorders, VCRs, radios, transformer, motors, watches
  25. Micronutrients for plants
  26. Active pharmaceutical ingredients and ayurvedic products
  27. Khadi products and hosiery products
  28. Handicraft activities like spinning, weaving, artisans
  29. Printing and other products made of paper
  30. Coir industry
  31. Furniture and wood products
  32. Poultry farm
  33. Bicycle parts
  34. Stationery items
  35. Call centre
  36. Rubber products
  37. IT solutions like creating a server bank, application service provider, smart card customisation, etc.
  38. Testing labs for industries
  39. Auto businesses such as auto parts components like horn buttons, door channels, wiper blade components, battery cell tester
  40. Ceramics and glass products include roofing tiles, glass flooring tiles, granite, etc.
  41. Retail and wholesale business