With more than 42.5 million units and withholding over 95% of the industrial establishments in the country, the SME sector is the foundation of India’s economic growth. It is also responsible for 45% of the total Indian manufacturing output. In order to facilitate the efforts of the sector, the Ministry of Micro, Small, and medium enterprises India, in conjunction with the Government of India, was launched by the Udyog Aadhaar facility. Aadhar Udyog is an identification system that is similar to Aadhaar, but it is specifically for businesses. An MSME/SME can enjoy special Udyog Aadhar update benefits through subsidies to promote the growth of the registered businesses.
In September 2015, the Udyog Aadhaar Scheme was launched. There are now over 87 lakh Udyog Aadhaar registrations across the country.
The following are the major characteristics of Udyog Aadhaar:
The qualifying requirements for Udyog Aadhaar registration do not apply to all enterprises, but rather to those classified as Micro, Small, or Medium enterprises. Take a look at the table below for the ministry’s qualifying requirements for investment in plant and machinery:
|Business Category||Manufacture Sector Investment||Service Sector Investment|
|Up to ₹ 25 Lakhs
Up to ₹ 5 Crore
Up to ₹ 10 Crore
|Up to ₹ 10 Lakhs
Up to ₹ 2 Crores
Up to ₹ 5 Crores
The submission of papers is not needed for the Udyog Aadhaar registration procedure. You must, however, maintain a few documents on hand since you will be asked to submit the information at the time of registration. The following papers can be found:
The Udyog Aadhaar Memorandum is the registration form on which the MSME verifies its existence and gives required information like the owner’s Aadhar data, bank account details, and so on.
After submitting this form, an acknowledgement form with the applicant’s unique UAN is sent to the applicant’s registered email address (Udyog Aadhaar Number). There is no requirement for supporting paperwork because it is a self-declaration form.
Udhyog Aadhar Registration may be completed by following the instructions below:
Step 1: Go to the Udhyog Aadhaar official website at https://udyogaadhaar.gov.in/UA/UAM Registration.aspx.
Step 2: Enter your Aadhaar card’s Aadhaar number and name.
Step 3: Select “Validate and Generate OTP.”
Step 4: Enter the OTP that was provided to your registered cell phone number.
Step 5: You will be sent to a new page where you must fill out the remaining information.
Step 6: Fill in the blanks with information such as your name, social category, gender, and so on.
Step 7: Indicate whether or not you are physically disabled.
Step 8: Enter the name of your company.
Step 9: Enter the type of organization shown in the image below.
Step 10: Enter the PAN Number.
Step 11: Enter the location of your plant as well as the official address.
Step 12: Enter the start date of the plant.
Step 13: Enter the information from your prior registration (if any).
Step 14: Enter your bank information as well as the IFSC code of the bank’s branch.
Step 15: Type in your registered mobile phone number.
Step 16: Enter the total number of employees.
Step 17: Fill in the blanks with the remaining information, such as major activity, NIC code, investment amount, DIC, and so on.
Step 18: Select the “Declaration” option.
Step 19: Press the “Submit” button.
Step 20: Once you have completed the submission, you will receive an OTP on your registered cellphone number.
Step 21: After validating the OTP, input the captcha code.
Step 22: An acknowledgement/reference number will be sent to your registered email address.
To print your Udyog Aadhaar registration certificate, follow the procedures outlined below:
Q1. Can I complete the Udyog Aadhaar registration procedure in a language other than Hindi?
At the moment, the Udyog Aadhaar registration procedure is only available in English. However, it will be made available in Hindi in the future.
Q2. Are the EM-I and EM-II still in use?
No, UAM has taken the place of EM-I and EM-II. This was announced in a notice that was issued on September 18, 2015.
Q3. How do I select the appropriate NIC code based on the enterprise’s activity?
The NIC code for the company can be selected once the Aadhaar number has been authenticated by the system. It must be selected from a three-stage drop-down list. This list will be displayed based on the major activity chosen for the organization, i.e. manufacturing or service industry.
Q4. Is my information secure on the UAM portal?
Yes, your personal information is secure at the UAM site. The data will be password-protected and accessible exclusively to the appropriate State Government authorities based on their jurisdiction.
Q5. Is Udyog Aadhaar required for traders?
No, a merchant is not required to obtain a Udyog Aadhar; but, if they want to take advantage of perks such as cheaper interest rates on bank loans, waivers on stamp duty, and registration costs, they must enroll. An MSME Udyog Aadhar can be obtained by an individual who owns a micro, small, or medium-sized business.