Important to Know
Important to Know
An enterprise shall be classified as a micro, small or medium
enterprise on the basis of the following criteria, namely: --
-
A micro enterprise, where the investment in plant
and machinery or equipment does not exceed two crore fifty lakh
rupees and turnover does not exceed ten crore rupees;
-
A small enterprise, where the investment in plant
and machinery or equipment does not exceed twenty five crore
rupees and turnover does not exceed one hundred crore rupees; and
-
A medium enterprise, where the investment in
plant and machinery or equipment does not exceed one hundred twenty five
crore rupees and turnover does not exceed five hundred crore rupees.
For the detailed legal framework for classification of MSMEs
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