Udyam Registration for Retail & Wholesale Traders in Pune: NIC Codes 45, 46, 47 Priority Lending

Udyam MSME Registration for Retail and Wholesale Traders in Pune

For over a decade, retail shopkeepers, wholesale distributors, and trading firms were strictly excluded from the definition of MSMEs, which was restricted exclusively to manufacturing and service enterprises. However, through landmark Ministry of MSME Office Memorandum No. 5/2(2)/2021-E/P&G, Retail and Wholesale Trade was officially inducted into the MSME framework under NIC Codes 45, 46, and 47.

In commercial trading hubs across Pune—such as Raviwar Peth, Nana Peth, Market Yard, and Camp—thousands of traders have registered on Udyam to qualify for Priority Sector Lending (PSL) from commercial banks, securing concessional loan interest rates and enhanced credit limits. KOKJAGUAR Consultancy in Magarpatta City guides Pune traders through instant paperless Udyam onboarding. Review our trader MSME registration packages.

Eligible Trading NIC Divisions

• NIC Code 45: Wholesale and retail sale and repair of motor vehicles and motorcycles.
• NIC Code 46: Wholesale trade, except of motor vehicles and motorcycles (B2B distributors, commission agents).
• NIC Code 47: Retail trade, except of motor vehicles and motorcycles (Kirana stores, electronics, apparel, medical shops).