MSME Classification in India
As per MSMED Act, 2006 & 2020 Update
Micro Enterprise(M)
- Investment in Plant & Machinery/Equipment:Up to ₹1 crore
- Annual Turnover:Up to ₹5 crore
Small Enterprise (S)
- Investment in Plant & Machinery/Equipment:Up to ₹10 crore
- Annual Turnover:Up to ₹50 crore
Medium Enterprise(ME)
- Investment in Plant & Machinery/Equipment:Up to ₹50 crore
- Annual Turnover:Up to ₹250 crore