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Role of Small and Medium Enterprises
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What is the definition of a Small and Medium Enterprise (SME) in India?
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A
An enterprise with an investment in plant and machinery of less than Rs. 25 crore.
💡 Explanation:
As per the definition provided by the Ministry of Micro, Small and Medium Enterprises (MSME), a Small and Medium Enterprise (SME) is an enterprise with an investment in plant and machinery of less than Rs. 25 crore.