The definition of Micro, Small & Medium Enterprises is laid down by Government of India in Micro, Small & Medium Enterprises Development Act, 2006

S.No.MSME Act, 2006Download
1. MSME Act 2006.
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CategoriesManufacturing (Investment in Plant & Machinery)Services (Investment in Equipment)
Micro Does not exceed  25 lakh Does not exceed  10 lakh
Small More than  25 lakh but does not exceed  5 crore More than  10lakh but does not exceed  2 crore
Medium More than  5 crore but does not exceed  10 crore More than  2 crore but does not exceed  5 crore