MSME Certified Company

RAJ Petrochemicals (P) Ltd. recently Tie up with MSME has helped to make own platform to setup indistries in Odisha. MSME (Micro, Small and Medium Enterprises) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play a crucial role in providing large employment opportunities but also educating people at comparatively lower capital cost than large industries but also help in the industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country.

Through the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, the Government of India attempts to boost MSME. These Small Scale Industries (SSI) are the mainstay for growth in many developed, and developing economies, of the world. Importance of small businesses for India is immense. It is considered a prominent player as it requires less investment and creates employment opportunities, thus, reducing unemployment/underemployment. In India, itself, MSME has employed more than 50 million people. So the Government, Central or State, to attract more people into it and to balance the wealth distribution better, provides MSME various subsidies and schemes. And MSME Registration is essential for you to reap these MSME Benefits.