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|
|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|
|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.