MSME registration refers to the process by which micro, small, and medium enterprises (MSMEs) are formally recognized by the government. It aims to promote and support the growth of these enterprises by providing them with various benefits and incentives.

To qualify for MSME registration in India, businesses must meet certain criteria based on their investment in plant and machinery or equipment, as well as turnover. These criteria classify businesses into micro, small, and medium categories, each with specific thresholds. Registration involves submitting an application along with relevant documents such as Aadhaar card, PAN card, and business address proof.

Benefits of MSME registration include easier access to finance through priority sector lending, subsidies on government schemes, and exemptions under certain laws and regulations. MSMEs also benefit from preferential treatment in government procurements and access to various support programs for technology upgradation, skill development, and market promotion.

Overall, MSME registration plays a crucial role in fostering entrepreneurship, boosting economic growth, and enhancing employment opportunities by providing a conducive environment for small businesses to thrive.