SEO Executive
174 Points
Joined November 2024
Hello Mr. Mahesh,
Yes, traders can now apply for MSME (Udyam) registration — but with a clarification.
Earlier, only manufacturing and service enterprises were eligible. However, as per updates in recent years, even wholesale and retail traders are now eligible for MSME registration under Udyam Registration.
So, if you are starting a new trading business (like wholesaling, retailing, or reselling), you can:
- Apply for Udyam Registration
- Avail benefits like collateral-free loans, priority sector lending, etc.
But note: some MSME schemes (like manufacturing subsidies) may still not apply to traders.
To register, you’ll need your Aadhaar, PAN, and business details. The process is fully online and free on the official udyamregistration.gov.in portal. Getting expert help is advisable as it will save your time and also minimize chances of rejection. Connect with Industry leaders like Setindiabiz, and so on!