Question

8. IG limited is manufacturing unit to produce all kind of school and office stationery such as
pencil pens, paper, notebook, etc.in Delhi. The total investment of the company in the plant
and machinery is rupees 3 crore. Identify the category into which this business will fall as per
MSMED Act, 2006,
Also explain the the criteria of small scale industry as per Industrial Development and
Regulation Act 1951.​

Answer 1

Explanation:

Do Well' is manufacturing unit to produce all kinds of school and office stationery such as pencils, pens, paper, notebooks, etc. In Gurgaon. The total investment of the company in plant and ,achinery is Rs. 3 crore. Indentify the category into which this business will fall as per MSMED Act 2006.

Answer 2

The investment of Do Well is more than 1 crore but less than 10 crore... therefore, according to MSMED act,2006 'do well' is the small enterprise..