New Delhi, May 10 -- Mercy Epao, Joint Secretary - SME Division, MSME Ministry on Tuesday said that online portal Udyam is set to touch 1 crore MSME registrations.

Speaking at an event organised by PHD Chamber of Commerce and Industry on opportunities for MSMEs in indigenisation requirements of the Indian Air Force he said that we hope to touch 1 crore very soon.

After reclassification of MSMEs and the portal's launch on July 1, 2020 it had already registered about 84.94 lakh MSMEs, out of which 80.95 lakh were micro units, 3.62 lakh were small enterprises, and only 36,364 were medium businesses.

It is likely that the portal will cross 1 crore registration somewhere around its two years of operations in July.

The former registration p...