In recent budget speech, classification of MSME industries is revised considering increase economic activities that allow industries to access finance, invest in machinery and advanced their technology. . Got is focusing on MSME Sector as Second engine of Growth after agriculture.
Classification of MSME has been changed time to time in India. Reclassification will increase the gamut of entire sector .More industries will come in to the umbrella of this classification with increased focus on investment and turnover.
In New classification, Micro enterprise is considered with either investment of

INR 2.5 Cr

of turnover of INR 10 CR value which has been increased by 2.5 times in investment and 2 times in terms of turnover.