Distinguish between large scale and small scale industries...?
Answers
★ Large scale industries:
→ Manufacture large quantities of finished goods.
→ The quantity of raw material and capital investment is large.
→ Ex: iron and steel industry, cotton textile industry.
★ Small scale industries:
→ Manufacture small goods.
→ No huge quantity of raw material capital is required.
→ Ex: garment industry, soap making industry.
#ThankYou
@Joy
Large Scale industry :
→ On the basis of investment, the industries in which capital investment is made of more than rupees 1 crore, the industry is known as large scale industry.
→It produces large quantity of goods.
→Eg : Iron and steel industry, automobile industry, etc.
Small scale Industry :
→ The industry in which the maximum investment is made up of rupees 1 crore, the industry is termed as small scale industry.
→It manufactures less quantity of goods.
→For eg : textile industry, paper industry, etc.