- To promote the Medium, Small and Medium Enterprises the Government of India Provided various kind of exemptions, subsidies & incentives.
- This registration is eligible for all types of business entities such as proprietorship, partnership firms, LLPs, & companies.
- Criteria for different class of entities are as follows:
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For Manufacturing Industries:
S.N. | Enterprises | Investment in Plant & Machinery |
1 | Micro Enterprises | Does not exceed Rs. 25 lakh |
2 | Small Enterprises | More than Rs. 25 lakh but does not exceed Rs. 5 Crore |
3 | Medium Enterprises | More than Rs. 5 Crore rupees but does not exceed Rs. 10 Crore |
2. For Service Industries:
S.N. | Enterprises | Investment in Plant & Machinery |
1 | Micro Enterprises | Does not exceed Rs. 10 lakh |
2 | Small Enterprises | More than Rs. 10 lakh but does not exceed Rs. 2 Crore |
3 | Medium Enterprises | More than Rs. 2 Crore rupees but does not exceed Rs. 5 Crore |