Economics · Indian Industry
In India, the primary criterion for defining and classifying Micro, Small, and Medium Enterprises (MSMEs) or small-scale industries is based on:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Investment in plant, machinery, and equipment, along with annual turnover✓
- 2The total number of laborers employed in the industry
- 3The geographical area occupied by the production unit
- 4The total value of goods exported annually
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Investment in plant, machinery, and equipment, along with annual turnover
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