Classify the industry on the basis of capital investment. Give example of each. (3 marks)
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Industries can be classified as Small-scale industries and Large-scale industries.
Small-scale industries- they are defined with reference to the amount of investment made on the assets of a unit. today the limit is Rs.1crore.Therefore the industries who invest less than 1 crore are small-scale industries. Example: industries that make papad, power loom, etc.
Large-scale industries- the industries who invest more than 1 crore on the assets are large scale industries. Example: cotton or jute textile industries are large scale industries.
Small-scale industries- they are defined with reference to the amount of investment made on the assets of a unit. today the limit is Rs.1crore.Therefore the industries who invest less than 1 crore are small-scale industries. Example: industries that make papad, power loom, etc.
Large-scale industries- the industries who invest more than 1 crore on the assets are large scale industries. Example: cotton or jute textile industries are large scale industries.
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