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MSME stands for Micro, Small and Medium Enterprises in India. The definition and criteria of MSMEs have been revised several times since 2020, based on investment and turnover limits. Ministry of Micro, Small & Medium Enterprises (M/o MSME) envision a vibrant MSME sector by promoting growth and development of the MSME Sector, including Khadi, Village and Coir Industries, in cooperation with concerned Ministries/Departments, State Governments and other Stakeholders, through providing support to existing enterprises and encouraging creation of new enterprises Learn the full form, meaning, and real benefits of MSME registration under Udyam. Get step-by-step insights to grow your small business and claim government benefits today! MSME stands for Micro, Small and Medium Enterprises, defined by investment and turnover limits. Learn about the revised MSME classification, its features, and the advantages for businesses in India.