The Udyog Aadhaar is a 12-digit number that is used to register and identify Micro, Small and Medium Enterprises (MSMEs) in India. This Unique Identification Number (UIN) is provided by the Ministry of MSMEs. This is particularly useful for sole proprietors who do not have any official identification tool. The Udyog Aadhaar can help owners of these small and micro businesses get the official recognition they need to cement and grow their trade.
The Udyog Aadhaar scheme was launched in India in September 2015. As of October 2021, there are over 55 lakh Udyog Aadhaar registrations in India. This number only continues to grow as an increasing number of entrepreneurs register on the portal.
Not all businesses are eligible for Udyog Aadhar. This scheme is specifically for businesses that are categorized as Micro, Small or Medium Enterprises (MSMEs). A business can be classified as a micro, small or medium enterprise based on its investment and turnover, as follows.
Up to Rs. 1 Crore
Up to Rs. 5 Crores
More than Rs. 1 Crore, up to Rs. 10 Crores
More than Rs. 5 Crores, up to Rs. 50 Crores
More than Rs. 10 Crores, up to Rs. 50 Crores
More than Rs. 50 Crores, up to Rs. 250 Crores
Registering for the Udyog Aadhar card can be done free of charge. If you wish to register for the Udyog Aadhaar scheme, you can do it in any of the following ways.
Online registration using your Aadhaar number
Offline registration without using your Aadhaar number
Let’s take a closer look at the steps involved in the registration process through both these options.
If you already have an Aadhaar number, you can go ahead with your Udyog Aadhar registration online using the following steps.
Your Aadhaar number
The name of the business owner
The social category of the applicant along with the required caste certificate in case the applicant belongs to the SC, ST or OBC category
The gender of the applicant
The name of the business enterprise
The type of business organisation
The PAN of the applicant
The location of the business plant, if any
The complete official business address
The date of commencement of the business
The details of any previous MSME or SSI registrations made for the business
The business’s bank account details
The major activity of the business
The National Industry Classification Code (NIC Code) applicable to the activities of the business
The number of people employed in the business
The location of the DIC according to the location of the business
If you do not have an Aadhaar number, you can still go ahead with your Aadhar Udyog registration in the following manner.
Aadhaar enrollment ID slip or a copy of the request you made for the Aadhaar enrollment
Any valid address proof like voter ID card, driving license, passport, or bank passbook with photograph
The steps explained above already give you a clear idea of the details and documents needed. Nevertheless, it always helps to have a consolidated list of the paperwork required, so you can be better prepared. Here is what you need for the Aadhar Udyog registration.
Your Aadhaar card or your Aadhaar enrollment slip
Your bank passbook with your photograph
Caste certificate in case of applicants belonging to SC/ST/OBC category
In case you need to update or edit your Udyog Aadhaar, the process involved is fairly straightforward. Here is what you need to do.
Micro, Small and Medium Enterprises (MSMEs) stand to benefit in many ways through a Udyog Aadhar registration. Here are some of the many benefits of the Udyog Aadhaar.
MSMEs with an Udyog Aadhaar number can enjoy exclusive government subsidies.
It gives MSMEs access to loans at subsidized interest rates
MSMEs with an Udyog Aadhaar registration also have access to financial funding for participating in foreign expos.
It allows MSMEs to avail loans without any collateral.
There is a 50% grant in case of patent registrations.
Interest rates for registered entities are lower.
The ISO certification charges are reimbursed.
Yes, you can. However, you need to apply for your Aadhaar card and use your Aadhaar enrollment ID slip for the Udyog registration.
Yes, you can register for the Udyog Aadhaar scheme on www.udyogaadhaar.gov.in
The registration process is currently carried out in English. It may soon be available in Hindi too.
Yes, you need to submit your caste certificate if you belong to the SC/ST/OBC categories.
You will receive the OTP on the mobile number linked to your Aadhaar card.