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New definition of MSMEs: What is the change


As per the revised definition of MSMEs, any company with investment up to Rs 1 crore and turnover below Rs 5 crore will be categorised as "Micro". A company with investment up to Rs 10 crore and turnover up to Rs 50 crore will be categorised as "Small" and a company with investment up to Rs 20 crore and turnover below Rs 100 crore will be categorised as "Medium".


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