Define medium scale industries.
Answers
Explanation:
A medium scale business is often the awkward middle child of its industry – too large to get the discounts and services afforded to small businesses and too small to have the weight and prestige granted to large enterprises. When it comes to doing business with the U.S. government, there are several parameters you need to look at before classifying the size of a company. When dealing with the private sector, such as when you're selecting software licensing packages or buying consulting services, the process is far less exacting.
Answer:
Medium Scale Enterprise: Manufacturing enterprises in which investment in plant & machineries is more than Rs 5.00 crores but does not exceed Rs 10.00 crores and service sector industries in which investment in equipment is more than Rs 2.00 crores but does not exceed Rs 5.00 crores are termed as medium scale enterprises.
Explanation: