New concept of Micro Small and Medium Enterprise MSME

Micro enterprise- The enterprises that have 1 crore investment and turnover is up to Rs 5 crore is called micro enterprise.

Small enterprises- The enterprises that have 10 crore investment and turnover is up to 50 crore is called small enterprise.

Medium enterprise-The company that have up to 50 crore investment and turnover up to 250 crore is called medium enterprise.

This article is also useful for CAT/MAT other competitive examination.

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