Sam has started a small MSME food processing unit in remote area of Himachal. He invested Rs. 10 Lakhs in a plant, equipment and hired people for segregation of fruit and packing of the product. Identify the category in which this enterprise falls as per MSME Act. Also, suggest the four incentives available to him.

Sam has started a small MSME food processing unit in remote area of Hi

1.	Sam has started a small MSME food processing unit in remote area of Himachal. He invested Rs. 10 Lakhs in a plant, equipment and hired people for segregation of fruit and packing of the product. Identify the category in which this enterprise falls as per MSME Act. Also, suggest the four incentives available to him.
Answer» Sam has started a small MSME food processing unit in remote area of Himachal. He invested Rs. 10 Lakhs in a plant, equipment and hired people for segregation of fruit and packing of the product. Identify the category in which this enterprise falls as per MSME Act. Also, suggest the four incentives available to him.