The Micro, Small and Medium Enterprises (MSMEs) in India have undergone a vast development
in the last five decades. The MSMEs have registered tremendous growth as also progress
in terms of quality production, exports, innovation, product development and import
substitution. Entrepreneurial efforts have made it possible to produce a number
of items, which hitherto were imported. In quite a few cases new variants so produced
are having additional attributes than their original versions and are capable of
solving a multitude of user problems. The Indian entrepreneurs are very creative
and innovate new products and process as well as provide innovate services to remain
competitive in domestic and global market. This has become possible to encourage
such innovative efforts and promote this spirit in larger interest of qualitative
development of MSME. The Ministry of MSME recognize these entrepreneurs for their
outstanding performance and by conferring awards motivate and encourage them.
Periodicity & Eligibility
The MSMEs should have been in continuous manufacturing /services for last four years.
The awards will be given for each year to deserving Micro, Small & Medium Enterprises
which have Udyog Aadhaar Memorandum (UAM). MSMEs would also register in MSME Databank,
web portal: www.msmedatabank.in (click on register and then MSME) before submission
of their application. Registration at MSME Databank is mandatory for MSMEs even
if they have earlier obtained UAM.
National MSME Awards