“SSI” means Small Scale Industries this name has been changed to “MSME” meaning Micro, Small, and Medium Enterprises. Based on the investment range the business will be categorised as Micro, or Small or Medium Enterprise in both manufacturing and service sectors.
Enterprises engaged in the manufacture/production of goods pertaining to any industry
Enterprises engaged in providing/rendering of services |
Investment in plant & Machinery/equipment (excluding land & building) | |
---|---|---|
Manufacturing Enterprises | Service Enterprises | |
Micro Enterprises | up to Rs.25 lakh | up to Rs.10 lakh |
Small Enterprises | above Rs.25 lakh & up to Rs.5 Crore | above Rs.10 lakh & up to Rs.2 Crore |
Medium Enterprises | Above Rs.5 Crore & up to Rs.10 Crore | above Rs.2 Crore & up to Rs.5 Crore |