New MSME Classification Criteria
As per the latest government notification working from 1st July 2020, the classification is based on composite criteria of Investment and Turnover:
| Classification | Investment Limit | Turnover Limit |
|---|---|---|
| Micro | < ?1 Crore | < ?5 Crore |
| Small | < ?10 Crore | < ?50 Crore |
| Medium | < ?50 Crore | < ?250 Crore |
* Investment in Plant & Machinery or Equipment. Turnover excludes export turnover.