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MSME Registration is an optional Registration under the MSMED Act that provides Micro, Small and Medium sized enterprises with a host of benefits and access to subsidies and schemes. As per the MSMED Act, 2006 the micro, small and medium enterprises is basically dependent on the investment in the plant and machinery for those who are engaged in the manufacturing, production process of goods, investment in equipment for business enterprises engaged in providing or rendering services.
|Sr. No||Types Of Enterprises||Manufacturing Enterprises||Service Industries|
|1||Micro||Does not exceed Rs. 25 Lakhs||Does not exceed Rs. 25 Lakhs|
|2||Small||Exceeds Rs. 25 Lakhs but not exceeds Rs. 5 Crores.||Exceeds Rs. 25 Lakhs but not exceeds Rs. 5 Crores.|
|3||Medium||Exceeds Rs. 5 Crores but does not exceeds Rs. 10 Crores.||Exceeds Rs. 2 Crores but not exceeds Rs. 5 Crores.|