Showing posts with label MSME. Show all posts
Showing posts with label MSME. Show all posts

Dec 6, 2013

MSME Sector


Classification of MSME 

MSME sector are classified into 2 classes with the following criteria:

1. Manufacturing or production enterprises

EnterprisesInvestment in plant & machinery
Micro Enterprises < Rs.25 lacs
Small Enterprises > Rs.25 lacs and < Rs.5 crores
Medium Enterprises > Rs.5 crores and < Rs.10 crores

2. Service enterprises


EnterprisesInvestment in equipments
Micro Enterprises< Rs.10 lacs
Small Enterprises > Rs.10 lacs and < Rs.2 Crores
Medium Enterprises > Rs.2 Crores and < Rs.5 Crores

Contribution of MSME sector to Indian Economy