September 2008

In Fact

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The statistics relating to micro and small are based on 3rd All India Census conducted during 2001-02 when the old definition was in vogue. The statistics relating to new definition are based on unofficial sources. Final picture will emerge from the 4th All India  Census conducted during 2007-09

Medium industries: A profile

  • The Medium Enterprises has been defined under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, enacted on 2 October 2006
  • The statistics relating to Medium Enterprises would be captured in the 4th All-India Census to be conducted/completed during 2007-09
  • Informal sources, suggest the number of medium enterprises in India to be 10-15 thousand. Further, it is estimated that they contribute about 2% to GDP, over 5% to the manufacturing output and around 10% to the national exports

 

According to the  Micro, Small and Medium Enterprises
Development (MSMED) Act, 2006, the Micro, Small and Medium Enterprises (MSME) are classified in two classes:
Manufacturing enterprises:
The enterprise which is engaged in the manufacturing or production of goods pertaining to any industry specified in the Development and Regulation Act, 1951. The manufacturing enterprises are defined in terms of investment in Plant and Machinery.
Service enterprises: 
The enterprises engaged in providing or rendering services and are defined in terms of investment in equipment. The limit for investment in plant and machinery/equipment for manufacturing/service enterprises, as notified, vide S.O. 1642(E) dated 29-09-2006

 

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