Definition of Micro, Small and Medium Enterprises

As per MSMED Act-2006, following enterprises whether Proprietorship, Hindu Undivided Family, Association of persons, Co-operative Society, Partnership, Undertaking or any other legal entity by whatever name called -
in case enterprise engaged in the Manufacturing or Production of Goods pertaining to any industry as per First Schedule to the Industries (Development & Regulation) Act 1951as-
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Micro Enterprises: in which the investment in fixed assets in plant and Machinery does not exceed Rs. 25 Lacs (Rupees Twenty Five Lacs Only)

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Small Enterprises : in which the investment in fixed assets in plant and Machinery is more than Rs. 25 Lacs (Rupees Twenty Five Lacs Only) but does not exceed Rs. 5 Crore.

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Medium Enterprises : in which the investment in fixed assets in plant and Machinery is more than Rs. 5 Crore. but does not exceed Rs. 10 Crore.


In case of Enterprises engaged in providing or Rendering Services as-
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Micro Enterprises: in which the investment in fixed assets in plant and Machinery does not exceed Rs. 10 Lacs (Rupees Ten Lacs Only)


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Small Enterprises : in which the investment in fixed assets in plant and Machinery is more than Rs. 10 Lacs (Rupees Ten Lacs Only) but does not exceed Rs. 2 Crore.


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Medium Enterprises : in which the investment in fixed assets in plant and Machinery is more than Rs. 2 Crore. but does not exceed Rs. 5 Crore.


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