Micro, Small and Medium Enterprises
In accordance with the provision of Micro, Small & Medium Enterprises
Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises
(MSME) are classified in two Classes:
1. Manufacturing Enterprises
The enterprises engaged in the manufacture or production of goods pertaining to any industry or employing plant and machinery in the process of value addition to the final product having a distinct name or character or use.
The Manufacturing Enterprise are defined in terms of investment in Plant & Machinery
Types
|
Investment in Plant and Machinary
|
Micro
|
Not more than 25 lakh rupees
|
Small
|
25 lakh-5 Crore
|
Medium
|
5-10 Crore
|
2. Service Enterprises
The enterprises engaged in providing or rendering of services and are defined in terms of investment in equipment.
Types
|
Investment in Equipment
|
Micro
|
Not more than 10 lakh
|
Small
|
10 lakh-2 Crore
|
Medium
|
2-5 Crore
|
.PNG)
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