Micro and Small Enterprises

Micro and Small Enterprises are those enterprises engaged in manufacturing

or rendering services.

A micro enterprise is defined as:

An enterprise engaged in the manufacture or production of goods pertaining

to any industry where the investment in plant and machinery does not

exceed ` 25 lakh

or

An enterprise engaged in rendering services where investment in equipment

does not exceed ` 10 lakh.

A small enterprise is defined as :

An enterprise engaged in manufacture or production of goods pertaining to

any industry where the investment in plant and machinery is more than

` 25 lakh but does not exceed ` 5 crore

or

An enterprise engaged in rendering services where investment in equipment

is more than ` 10 lakh but does not exceed ` 2 crore.