The investment and turnover limits for classification of all MSMEs will be increased 2.5 and two times respectively.
The investment limit is to be classified as a micro enterprise goes up to Rs 2.5 crore.
For small enterprises, this limit goes up to Rs 25 crore, and for medium ones, it becomes Rs 125 crore.
Similarly, the turnover limit for these classifications goes up to Rs 10 crore for micro enterprises, Rs 100 crore for small ones, and Rs 500 crore for medium enterprises.
Currently, over one crore registered MSMEs, employing 7.5 crore people, and generating 36% of our manufacturing.