The following requirements are to be compiled by an industrial undertaking to be graded as Small Scale Industrial undertaking w.e.f. 21.12.1999.

An industrial undertaking in which the investment in fixed assets in plants and machinery whether held on ownership terms, on lease or on hire purchase does not exceed Rs. 10 million (Rs. One Crore only).

The following requirements are to be compiled by an industrial undertaking for being regarded as ancillary industrial undertaking:

An industrial undertaking which is engaged or is proposed to be engaged in the manufacture or production of parts, components, sub-assemblies, tooling or intermediates, or the rendering of services and the undertaking supplies or renders or proposes to supply or render not less than 50% of its production or services, as the case may be, to one or more other industrial undertakings and whose investment in fixed assets in plant and machinery whether held on ownership terms or on lease or on hire purchase, does not exceed Rs.10 million.

A Small Scale Industrial Unit/Industry related service or business enterprise, managed by one or more women entrepreneurs in proprietary concerns, or in which she/they individually or jointly have a share capital of not less than 51% as Partners/Shareholders/Directors of Private Limits Company/Members of Co-operative Society.

SSSBEs industry related service/business enterprises with investment upto Rs. 1 million w.e.f. September 2000 in fixed assets, excluding land and building, are called Small Scale Service /Business Enterprises (SSSBEs).