WHICH ORGANIZATIONS ARE CONSIDERED AS ‘MSME’?
Organization which is engaged in the manufacture, production, processing or preservation of goods with the following limits as categorized below: Investment in plant and machinery upto max 25 lakh MICRO ENTERPRISE Investment in plant and machinery more than 25 lakh but upto 5 crores SMALL ENTERPRISE Investment in plant and machinery more than 5 crores but up to 10 crores MEDIUM ENTERPRISE Organization which is engaged in providing or rendering services with the following limits as categorized below: Investment in equipment upto 10 lakh MICRO ENTERPRISE Investment in equipment more than 10 lakh but upto 2 crores SMALL ENTERPRISE Investment in equipment more than 2 crores but upto 5 crores MEDIUM ENTERPRISE ROADMAP FOR ‘MSME’ REGISTRATION? 1. Setting up the Project For establishing MSME, the first and foremost thing is to select the project for providing the product/ service which could generate the sufficient surplus for the economy 2. Product selection While finalizing the prod...