Industrial AutomationOct 10, 2021Significance of MSME Sector in IndiaMSME is known as Micro, Small, and Medium Enterprises. Following the 2006 Micro, Small, and Medium Enterprises Development (MSMED) Act, the enterprises are classified into two segments.1. Manufacturing Enterprises – Enterprises that are engaged in the production or manufacturing of goods in any industry.2. Service Enterprises – Enterprises that are engaged in providing or rendering services.Read more at Industrial Automation
MSME is known as Micro, Small, and Medium Enterprises. Following the 2006 Micro, Small, and Medium Enterprises Development (MSMED) Act, the enterprises are classified into two segments.1. Manufacturing Enterprises – Enterprises that are engaged in the production or manufacturing of goods in any industry.2. Service Enterprises – Enterprises that are engaged in providing or rendering services.Read more at Industrial Automation
