SME Awareness Program
Welcome to our guide on Small and Medium-Sized Enterprises (SMEs), a classification established by the Government of INDIA. SMEs are characterized by their modest revenues, assets, or employee count, falling below specified thresholds:
SME Business as Classified:
Small Enterprise:
Investment in Plant and Machinery or Equipment : Not more than Rs 10 crore
Annual Turnover : Not more than Rs 50 crore
Medium Enterprise:
Investment in Plant and Machinery or Equipment : Not more than Rs 50 crore
Annual Turnover : Not more than Rs 250 crore
SMEs play a vital role in the economy, contributing significantly to job creation and innovation. However, accessing funds for development and expansion can be challenging. Common fundraising avenues for SMEs include debt financing, bank loans, and initial public offerings (IPOs). Securing adequate funding is crucial for SMEs to scale their operations effectively and avoid failure due to financial constraints.
Explore our comprehensive resources to learn more about how SMEs can thrive and grow in today's dynamic business landscape.