What different parameters are used to measure the size of manufacturing business?

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Solution

In the case of enterprises engaged in the manufacture or production of goods pertaining to any industries specified in the first schedule to the Industries (Development and Regulation) Act, 1951, there are three types of enterprises:
Micro enterprise: Investment in plant and machinery does not exceed twenty-five lakh rupees.
Small enterprise: Investment in plant and machinery is more than twenty-five lakh rupees but does not exceed five crore rupees.
Medium enterprise: Investment in plant and machinery is more than five crore rupees but does not exceed ten crores rupees.

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