What is the definition of MSME?

MSME stands for Micro Small and Medium Enterprises.

Micro Enterprises: Investment in Plant and Machinery or Equipment not more than Rs. 2.5 crore and Annual Turnover not more than Rs. 10 crore.

Small Enterprises: Investment in Plant and Machinery or Equipment not more than Rs. 25 crore and Annual Turnover not more than Rs. 100 crore.

Medium Enterprises: Investment in Plant and Machinery or Equipment not more than Rs. 125 crore and Annual Turnover not more than Rs. 500 crore.