WHAT ARE MICRO, SMALL AND MEDIUM ENTERPRISES (MSMES)?

MICRO ENTERPRISE Investment in plant and machinery or equipment does not exceed `1 crore and turnover does not exceed `5 crore

SMALL ENTERPRISE Investment in plant and machinery or equipment does not exceed `10 crore and turnover does not exceed `50 crore

MEDIUM ENTERPRISE Investment in plant and machinery or equipment does not exceed `50 crore and turnover does not exceed `250 crore