No, they are separate. However, you need MSME to claim the financial incentives that come with being an exporter.
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The global market offers immense opportunities for Indian enterprises, but exporting involves high costs and complex regulations. Obtaining an **MSME registration for export business** is a critical step for any domestic company looking to go international. The Government of India provides specialized incentives for MSME exporters to ensure they can compete with global giants. From lower-cost export credit to subsidies for international trade fairs, MSME status is the foundation of a successful export strategy. At Pragati Services, we help exporters secure their Udyam certificates to ensure they are first in line for all government export benefits.
It is the registration of your export-oriented unit (EOU) or trading house on the Udyam portal. It recognizes your business as a Micro, Small, or Medium enterprise, which is a prerequisite for many benefits under the Foreign Trade Policy (FTP).
Exporting requires significant liquidity. The **udyam registration exporters** allows you to access 'Pre-shipment and Post-shipment Credit' at lower interest rates. More importantly, it makes you eligible for the 'Market Access Initiative' (MAI) and the 'Marketing Development Assistance' (MDA) schemes. These schemes provide financial support for participating in international exhibitions, conducting market surveys, and branding your products in foreign markets—costs that usually drain an exporter's profit.
Exporters must select NIC codes that match the products they are shipping. If you are a merchant exporter, you should select 'Wholesale Trade' or 'Retail Trade' codes, whereas manufacturing exporters should select 'Manufacturing' codes to get higher technical subsidies.
Export documentation is rigorous. Our **msme registration service** ensures that your Udyam certificate is perfectly aligned with your IEC and GST data, preventing any delays in your customs clearing or export benefit claims. Apply for Export MSME Registration with Pragati Services.
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Is MSME mandatory to get an IEC code?
No, they are separate. However, you need MSME to claim the financial incentives that come with being an exporter.
Can a merchant exporter register as an MSME?
Yes, merchant exporters (traders) are now fully eligible to register on the Udyam portal.
Does MSME help in getting a US or EU visa for business travel?
Having a government-registered MSME certificate adds significant weight to your business's financial standing during visa interviews.
What is the MAI scheme for MSMEs?
The Market Access Initiative (MAI) provides funding for market research and product development for international markets.
Can I use MSME for export-related bank guarantees?
Yes, banks often reduce the margin money and commission for bank guarantees for Udyam-registered exporters.