Steps to setup an Industry in Gujarat

 

Micro, Small & Medium Enterprises

  • Government of India enacted "Micro Small and Medium Enterprises Development Act, 2006"

  • As per the Act, MSME Units are classified as under:
Enterprise Investment in Plant & Machinery (Manufacturing Units) Investment in Equipment
(Service Enterprises)
Micro Up to Rs. 25 lacs Up to Rs. 10 lacs
Small Above Rs. 25 lacs up to Rs. 5 crore Above Rs. 10 lacs up to Rs. 2 crore
Medium Above Rs. 5 crore up to Rs. 10 crore Above Rs. 2 crore up to Rs. 5 crore
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  • SMEs have to file Entrepreneur's Memorandum (EM) to District Industries Centre of the district in which the project is proposed to be located, for starting a project