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India revises definition of MSME, includes firm turnover

India revises definition of MSME, includes firm turnover

by TEXTILE VALUE CHAIN | Jun 2, 2020 | Industry And Cluster, News & Insights

India today revised further the definition of micro, small and medium enterprises (MSME). A business is now ‘micro’ if it has investments up to ₹1 crore and a turnover of less than ₹5 crore, and is ‘small’ if its investment limit is ₹10 crore with a turnover of less...

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