MSME:how to Define
As per the MSME Development Act, 2006, and its 2020 revision, the classification of MSMEs is based on investment in plant & machinery or equipment and annual turnover: Type Investment Limit Turnover Limit Micro Up to ₹1 crore Up to ₹5 crore Small Up to ₹10 crore Up to ₹50 crore Medium Up to ₹50 […]