Indian MSME Sector
MSME ACT(REVISED)
Concept of ‘Enterprises’ as against ‘Industries’ Change of definition.
| Existing MSME Classification | |||
|---|---|---|---|
| Criteria: Investment in Plant & Machinery or Equipments | |||
Classification |
MICRO |
Small |
Medium |
Manufacturing Enterprises |
Investment < Rs.25 lac | Investment < Rs.5 cr. | Investment < Rs.10 cr. |
Services Enterprises |
Investment < Rs.10 lac. | Investment < Rs.2 cr. | Investment < Rs.5 cr. |
| REVISED MSME CLASSIFICATION | |||||
|---|---|---|---|---|---|
| COMPOSITE CRITERIA: INVESTMENT IAND ANNUAL TURNOVER | |||||
Classification |
MICRO |
Small |
Medium |
Manufacturing Enterprises |
Investment < Rs.1 cr. And Turnover < Rs. 5 cr. |
Investment < Rs.10 cr. And Turnover < Rs. 50 cr. |
Investment < Rs.20 cr. And Turnover < Rs. 100 cr. |