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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 or production process of goods or 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 25 lakh||Does not exceed 25 lakh|
|2||Small||Exceeds Rs. 25 lakh but not exceeds Rs. 5 crore.||Exceeds Rs. 25 lakh but not exceeds Rs. 5 crore.|
|3||Medium||Exceeds Rs. 5 Crore but does not exceedsRs. 10 Crore.||Exceeds Rs. 2 Crore but not exceeds Rs. 5 Crore.|