2020 MSME Criteria · Manufacturing & Services · Benefits Listed

MSME Eligibility Checker

Enter investment and turnover to see your Micro / Small / Medium classification live — or validate a Udyam registration number.

🏭 Business figures
Plant & machinery investment Original cost, not WDV — all plant, tools, equipment
Cr
Annual turnover Last FY total revenue from all sources
Cr
Post-2020 the same limits apply to manufacturing, service and trading enterprises. Both conditions must be met — if either threshold is crossed, the higher category applies. Export turnover is excluded from the turnover limit.
🔎 Validate a Udyam number Optional
A valid Udyam number has the format UDYAM-SS-NN-NNNNNNN — a two-letter state code, a two-digit code and a seven-digit serial. This checks the format only; verify status on the official portal.
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Disclaimer: Classification per the revised MSME criteria notified 1 July 2020 (Investment + Turnover). Indicative only — actual registration is done on the Udyam portal against ITR & GSTIN-linked figures.

2020 MSME classification thresholds

Since 1 July 2020 a single composite definition applies to manufacturing and service enterprises alike. An enterprise must satisfy both the investment limit and the turnover limit — cross either one and it moves up to the next category.

CategoryInvestment in plant & machinery ≤Annual turnover ≤
Micro₹1 Crore₹5 Crore
Small₹10 Crore₹50 Crore
Medium₹50 Crore₹250 Crore

Micro, Small & Medium — the limits explained

The category is decided on the higher of the two parameters. A business with tiny investment but large turnover is still classified by whichever pushes it up.

Micro Enterprise
Investment≤ ₹1 Cr
Turnover≤ ₹5 Cr

The vast majority of Indian MSMEs. Best-suited to collateral-free CGTMSE lending, the composition scheme and the 45-day delayed-payment protection.

Small Enterprise
Investment≤ ₹10 Cr
Turnover≤ ₹50 Cr

Growing units that still enjoy the full MSME benefit set — priority-sector credit, government-tender reservation and CLCSS technology-upgradation subsidy.

Medium Enterprise
Investment≤ ₹50 Cr
Turnover≤ ₹250 Cr

The upper MSME band after the 2020 revision. Retains delayed-payment protection and many procurement benefits while accessing larger credit lines.

Benefits of MSME (Udyam) registration

Udyam registration is free, lifetime-valid and self-declared on the government portal. It unlocks credit, procurement and statutory-protection benefits regardless of your category.

Priority Lending

Collateral-free loans under the CGTMSE scheme and priority-sector lending from banks at lower interest rates.

Govt Tender Benefits

25% reservation in Central Govt procurement and exemption from Earnest Money Deposit for tenders.

Delayed-Payment Protection

Buyers must pay within 45 days; default attracts 3× bank-rate compound interest (Sec 16, MSMED Act).

Patent & ISO Subsidy

50% subsidy on patent registration fees and reimbursement of ISO certification charges.

Credit-Linked Subsidy

15% capital subsidy on loans for technology upgradation under the CLCSS scheme.

GST Benefits

Composition scheme, quarterly return filing and exemption from certain compliances.

Tax Benefits

Deduction under Section 80-IC / 80-IB and cheaper credit via the TReDS platform.

Market & Export Support

Export credit at concessional rates and state subsidies for electricity, land and setup.

Frequently Asked Questions
What are the current MSME classification criteria in India?

As per the revised criteria effective 1 July 2020: Micro enterprises have investment up to Rs 1 crore and turnover up to Rs 5 crore; Small enterprises have investment up to Rs 10 crore and turnover up to Rs 50 crore; Medium enterprises have investment up to Rs 50 crore and turnover up to Rs 250 crore.

What is Udyam Registration and is it mandatory?

Udyam Registration is the official MSME registration on the Udyam portal (udyamregistration.gov.in). It is free of charge, based on self-declaration, and linked to PAN and Aadhaar. While not legally mandatory for all businesses, it is required to avail MSME-specific benefits including priority sector lending, subsidies, and government tender preferences.

What are the key benefits of MSME registration in India?

Benefits include priority sector lending at lower interest rates, collateral-free loans under CGTMSE scheme, preference in government procurement (GeM portal), 50% subsidy on patent registration fees, protection against delayed payments from buyers under the MSMED Act, and eligibility for various state and central government subsidies.

What is the payment protection available to MSMEs under the MSMED Act?

Under the MSMED Act, 2006, buyers must pay MSMEs within 45 days of acceptance of goods/services (or 15 days if no written agreement). Delayed payment attracts compound interest at 3 times the RBI bank rate. MSMEs can file a claim with the MSME Facilitation Council for recovery.

Can a service business register as an MSME?

Yes. Both manufacturing and service enterprises are eligible for Udyam Registration under the MSME classification. Service businesses are classified on the same investment and turnover criteria as manufacturing businesses since the 2020 revision eliminated the earlier distinction between manufacturing and service MSMEs.

Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.