Small and Medium Scale Enterprise (SMEs) Arthapedia
Small and medium scale enterprises (SMEs) are understood in India as enterprises where the investment in plant and machinery or equipments is between Rs. 25 lakhs ( ͌ US million) to Rs. 10 crores ( ͌ US million) in case of a manufacturing industry and between Rs. 10 lakh ( ͌ US million) to Rs. 5 Crore ( ͌ US million) in case of a service sector enterprise.