SSI / MSME

MSME/SSI Registration

As per Micro small Medium enterprises development act 2006 MSME’s are classified in to Two Main classes,

1. Manufacturing Sector: Enterprises engaged in manufacture or production of goods and eligibility is depends on amount of investment in plant in machinery.

2. Service sector: Enterprises engaged in Services and the eligibility is based on the investment in equipment .

1. Manufacturing Sector:

 

Micro Enterprises

Investment  in plant and Machinery  does not Exceeds 25 Lakh Rupees

Small Enterprises

Investment  in plant and Machinery  from 25 lakhs to 5 Crore Rupees

Medium Enterprises

Investment  in plant and Machinery  from  5 Crores to 10 Crore Rupees.


2. Service sector:

 

Micro Enterprises

Investment  in plant and Machinery  does not Exceeds 10 Lakh Rupees

Small Enterprises

Investment  in plant and Machinery  from 10 lakhs to 2 Crore Rupees

Medium Enterprises

Investment in plant and Machinery from 2 Crores to 5 Crore Rupees.

Some Schemes for MSME Enterprises are as follows:

  • Credit Link Capital Subsidy Scheme for Technology up gradation scheme provides 15% Subsidy for purchase of plant and machinery.
  • Credit Guarantee Fund Scheme under this scheme MSME Enterprises will get Up to 50 Lakhs Collateral free loans.
  • The ISO 9000 / HACCP / 14001 Certification Reimbursement Scheme has been merged with ZED certification scheme.
  • MSME MD A This scheme offers up to 75% funding of to and fro airfare of MSME entrepreneurs in overseas trade deligations.