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 and 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. |
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