Small Scale Industries (SSI) or Micro, Small and Medium Enterprises (MSME) is an initiative by the Government of India to strengthen the Micro, small and Midscale enterprises of India. MSME Registration offers numerous benefits to the organisations registered under it. MSME Registered companies can reap benefits like cheaper credit, easy loan approval, tax exemptions, etc. so that they can achieve growth at a much faster pace and without enduring hardships. However, to attain the MSME Registration certificate, one must satisfy the conditions laid and regulated by the MSMED Act. Although MSME Registration is completely voluntary, it is highly recommended to all business to get MSME registration done before the commencement of the business. The registration process is simple and hardly takes two days to get done.