a industry in which investment in fixed assets is more than 25 lacs but doesn't exceed 5 crores
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Medium scale company
utkarsh109:
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It is in India the small and medium scale manufacturing industry is designated with a financial range of investment between 25 lacs and 5 crores.
This investment will be all including plant and machinery.
This is in fact a general definition of small and medium scale industry as provided in Section 7 of Micro, Small & Medium Enterprises Development Act, 2006.
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