MSME Classification

MSME Classification Criteria

PREVIOUS ~ Investment in Plant & Machinery or Equipment

Classification

Micro

Small

Medium

Manufacturing Enterprises

Investment in Plant & Machinery does not exceed Rs. 25 Lacs

Investment in Plant & Machinery is more than Rs. 25 Lacs but does not exceed Rs. 500 Lacs

Investment in Plant & Machinery is more than Rs. 500 Lacs but does not exceed Rs.
1000 Lacs

Service Enterprises

Investment in Equipment does not exceed Rs. 10
Lacs

Investment in Equipment is more than Rs. 10 Lacs but does not
exceed Rs. 200 Lacs

Investment in Equipment is more than Rs. 200 Lacs but does
not exceed Rs. 500 Lacs

NOW w.e.f. 01/07/20 ~ Investment in Plant & Machinery or Equipment and Annual Turnover

Revised MSME Classification

Composite Criteria: Investment in Plant & Machinery or Equipment and Annual Turnover

Classification

Micro

Small

Medium*

MSME-
Manufacturing & Services

Investment in Plant & Machinery or Equipment does not exceed Rs. 1 Crore and Turnover does not
exceed Rs. 5 Crores

Investment in Plant & Machinery or Equipment does not exceed Rs. 10 Crores and Turnover does not exceed Rs. 50 Crores

Investment in Plant & Machinery or Equipment does not exceed Rs. 50 Crores and Turnover does not exceed Rs.250 Crores

*Initially, Investment< Rs 20 Crores and Turnover < Rs. 100 Crs., which got modified

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