In today's globalised era, Indian micro, small, and medium enterprises are not only working in the local market but are also trying to establish their dominance in the international market. If you are an MSME owner and want to expand your business globally and want to keep your business export-oriented, then Udyam Registration will act as a launchpad. It offers official recognition, government support, and many exclusive benefits designed to promote exports.
Let's understand how Udyam Registration helps in expanding your business beyond the borders of India.
What is Udyam Registration?
Udyam Registration is a government-issued identity card for Indian MSMEs. It was introduced by the Ministry of Micro, Small and Medium Enterprises. It replaced the old system, Udyog Aadhaar. Any business involved in manufacturing, trading, and service activities can register on the Udyam Registration Portal and avail multiple government schemes and incentives.
This registration opens the doors of global markets for export-oriented MSMEs as it simplifies access to schemes, certification, and all trade platforms.
Why should export-oriented MSMEs register on the Udyam Registration Portal?
Many small businesses want to sell Indian products in the international market. But to make a name for themselves in this market, MSMEs need assistance in areas such as compliance, documentation, funding, and certification. This is where registration helps MSMEs.
Here’s why it matters:
1. Official MSME Recognition
With the help of the MSME Certificate download PDF, your business gets officially recognized as an MSME by the Government of India. And this recognition builds trust between international buyers, partners, and suppliers.
2. Participation in International Trade Fairs
The Government of India often sponsors Udyam-registered MSMEs to participate in foreign trade fairs. This gives MSMEs global exposure and opportunities to provide correct information about their products to international buyers.
3. Easy loan approval for export expansion
Banks and financial institutions easily approve loans for Udyam-registered businesses, and they get credit at very low interest rates, which allows them to focus on exports. There are many schemes under which MSMEs can also get collateral-free loans.
4. Priority in customs clearance
The MSMEs that have registered their business on the Udyam registration portal get customs clearance easily, and its process is also faster, which reduces the time. This is very important if you want to deliver exports on time to MSMEs.
5. Access to Export Promotion Schemes
Udyam-registered MSMEs can access export-related schemes such as:
Market Access Initiative (MAI)
Market Development Assistance (MDA)
6. Simplified Compliance and Certifications
Exporting goods or services requires compliance with international standards. Udyam Registration helps you access schemes for ISO certifications, product standardisations, and quality testing at subsidised costs.
Read it: Understanding Udyam Annexure: The Overlooked MSME Udyam Compliance Document
How to Register as an Export-Oriented MSME on Udyam
Getting Udyam registration done is a very simple and online process; for this, you will have to follow all these steps.
First of all, go to the Udyam registration portal.
Fill in all the information asked in the Udyam registration form correctly, such as Aadhar card, PAN card, GST number, bank account, etc.
Choose NIC Codes wisely: Select NIC codes that relate to export or international trade.
Submit and verify: After submission, you’ll receive your Udyam Certificate on your registered email.
Make sure your business profile highlights its export nature to avail of specific benefits.
Real Example: How Udyam Helped an Export MSME Grow
Let us understand with an example. There is a small ceramic handicraft company in Rajasthan. After completing the registration on the Udyam registration portal and choosing export-oriented business activities, the ceramic handicraft company gets access to the government-sponsored booth at the International Trade Fair in Dubai. Due to this exposure, this business gets long-term contracts from Middle East importers. Apart from this, this business also gets a subsidy in ISO certification, due to which global trust increases among buyers.
The story is not unique; there are many Indian MSMEs who are going international with the help of Udyam Registration portal.
Conclusion
If your business aims to go global, then Udyam registration is no longer just a formality; it is a strategic move for your business. It provides proper funding, certification, training, and international exposure. There are many opportunities in the global marketplace, and if the support of the government is received in the right direction, then your MSME can flourish and thrive internationally.
