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Basis of their investment in plant and machinery/equipment, the Government of India defines in economic term SME full form means Small and Medium Enterprises as.
Investment/Turnover | Small Enterprise | Medium Enterprise |
---|---|---|
Range of Investment | Between Rs.1 crore and Rs.10 crore | Between Rs.10 crore and Rs.20 crore |
Range of Turnover | Between Rs.5 crore and Rs.50 crore | Between Rs.50 crore and Rs.100 crore |