Definition of MSME will be revised by raising the Investment limit. An additional criteria of turnover also being introduced. The distinction between manufacturing and service sector will also be eliminated.
Criteria : Investment in Plant & Machinery or Equipment | |||
Classification | Micro | Small | Medium |
Mfg. Enterprises | Investment<Rs. 25 lac | Investment<Rs. 5 cr. | Investment <Rs. 10 cr. |
ServicesEnterprise | Investment<Rs. 10 lac | Investment< Rs. 2 cr. | Investment<Rs. 5 cr. |
Composite Criteria : Investment And Annual Turnover | |||
Classification | Micro | Small | Medium |
Manufacturing & Services | 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. |