Economy, asked by kritiverma499, 1 month ago

The investment limits for cottage industries are defined as: * 1 point 5 Crore 50 Lakh 1 Crore 25 Lakh​

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Answered by Anonymous
1

Answer:

The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is as under:

A small scale industrial enterprise should have investment of more than 25 lakhs and less than 10 crore in plant and machinery in the case of manufacturing unit.

In the case of service sector the minimum amount of investment is 10 lakhs and maximum of 5 crore in plant and machinery.

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