Q.3. Give the classification of manufacturing enterprises in terms of investment in plant and machinery in accordance with the provisions of Micro, Small and Medium Enterprises Development Act, 2006.

Dear student,
The manufacturing enterprises in terms of investment in plant and machinery can be categorised as:
1. Micro Enterprises- Investment in plant and machinery does not exceeds Rs 25 lakhs
2. Small Enterprises- Investment in plant and machinery is between Rs 25 lakhs to Rs 5 crore
3. Medium Enterprises- â€‹Investment in plant and machinery is between Rs 5 crore to Rs 10 crore
 

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