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What is a Micro, Small or Medium Enterprise


Manufacturing enterprises have been defined in terms of investment in   plant and machinery (excluding land & buildings)  and  further classified into :

  • Micro Enterprises  -  investment  up  to  Rs.25 lakh.
  • Small Enterprises  -  investment  above  Rs.25 lakh & up to Rs. 5 crore
  • Medium Enterprises -  investment  above  Rs. 5 crore & up to Rs.10 crore.

Service enterprises  have been   defined    in    terms     of   their investment     in equipment (excluding  land & buildings) and further classified into: 

  • Micro Enterprises  -  investment  up  to  Rs.10 lakh.
  • Small Enterprises  -  investment  above  Rs.10 lakh & up to Rs. 2 crore
  • Medium Enterprises -  investment  above  Rs. 2 crore & up to Rs.5 crore.
        

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