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There are different categories of industries that qualify as SSI. They are known by the abbreviation MSME which stands for Micro, Small and Medium Enterprises. Micro industries are also known as tiny industries. Tiny industries are ones in which investment limit in plant and machinery in respect of tiny enterprises is Rs 2.5 million irrespective of location of the unit. These limits are created according to norms set by the RBI. However they do not serve as a detriment to acquiring finance in any way. It is just a mere classification. In the course of our interview with SIDBI officials we learnt that SIDBI does not adhere to any hard and fast rule while segregating these industries...
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