Question

Difference between tiny ancillary and small scale industry

Answer 1

Answer:

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Explanation:

An ancillary unit is the unit which supplies not less than 50% of its production to the parent unit. A tiny unit is the business enterprise whose investment in plant and machinery is not more than Rs. 25 lakh. ... Investment limit is Rs. 25 lakh in this type of unit.

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Answer 2

Tiny, Ancillary and small scale industries

Explanation:

• Tiny industries are the industries that have a maximum investment of Rs. 25 lakhs in their business including their plants and machinery for example small shops, boutiques etc.
• Ancillary industries are the industries who have to supply minimum 50% of their production to their parent company where the maximum investment can be of Rs. 1 Crore. such as manufacturers of machine parts etc.
• Where as small scale industries are the industries where the maximum investment in plant and machinery can be of rs. 1 crore. for example industries dealing in production of paper bags, small toys etc.

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Tiny and small scale industries meaning

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