Micro, Small and Medium Enterprises (MSME)

MICRO, SMALL AND MEDIUM ENTERPRISES (MSME)

In accordance with the provision of MSMED Act, 2006, the Micro, small and Medium Enterprise are classified as follow:

1. Manufacturing Enterprises – The enterprise engaged in the manufacturing of goods pertaining to any industry specified in the first schedule to the industries (Development and regulation Act,1951) 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 is defined in terms of investment in Plant & Machinery.

2. Service Enterprises: The enterprise engaged in providing or rendering of services and are defined in terms of investment in equipment.

                                                         Manufacturing Sector

Enterprises	Investment in Plant & Machinery
Micro Enterprises

 Does not exceed 25lakhsSmall Enterprises