Article by: Bhushan Mhapralkar The Micro, Small and Medium Enterprises Development (MSMED) Act enacted by the Government of India in 2006 defines a Small and Medium scale Enterprise (SME) as the one whose investment in plant and machinery exceeds Rs. 25 lakh, but not beyond Rs. 5 crore. In case of a medium scale enterprise, the investment in plant and[Read More…]