Micro-Small & Medium Enterprises (MSMEs) contribute largely in the socio-economic development of our country. Indian government has provided many benefits for small scale units or medium small and micro enterprises (MSME). In order to be eligible to get these benefits, any entity should register itself as MSME enterprise under MSMED Act.
MSME are classified in to two categories: MANUFACTURING & SERVICES enterprises.
This criteria further defined terms of investment in plant & machinery for MANUFACTURING sector and equipment's for SERVICE sector as listed below
Enterprise Category | Micro | Small | Medium |
---|---|---|---|
Manufacturing Enterprises | Investment Less Then(<) Rs. 1 Cr. Rs. 5 Cr. | Investment Less Then(<) Rs. 10 Cr. Rs. 50 Cr. | Investment Less Then(<) Rs. 20 Cr. Rs. 100 Cr. |
Service Enterprises | Investment Less Then(<) Rs. 1 Cr. Rs. 5 Cr. | Investment Less Then(<) Rs. 10 Cr. Rs. 50 Cr. | Investment Less Then(<) Rs. 20 Cr. Rs. 100 Cr. |
Are you ready to enjoy benefits of MSMED acts then get in touch with DIGIBID SOLUTIONS PVT LTD as we will help you to get the certificate. Just be ready with your Aadhar card and the required documents for registration and you will get the MSME certificate soft copy.