MSME stands for Micro, Small, and Medium Enterprises. It is a classification used by governments and organizations worldwide to categorize businesses based on their size, typically considering factors such as revenue, investment, and employment. The definitions of micro, small, and medium enterprises can vary from country to country.
ISO develops standards in various fields, including technology, manufacturing, healthcare, agriculture, and more. These standards provide a common framework for organizations and industries, facilitating international trade, promoting innovation, and ensuring the interoperability of products and services.