How would you distinguish between large scale and small scale industries?
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Answered by
2
Hey mate hope this will help u..
Large scale industry
The term "large-scale industry" refers to factories that combine at least three characteristics: use of machinery, employment of wage labor, and the application of regulatory measures such as the Factory Act or Disputes Act.
.Small scale industry
These are the industrial undertakings having fixed investment in plant and machinery, whether held on ownership basis or lease basis or hire purchase basis not exceeding Rs. 1 crore
Large scale industry
The term "large-scale industry" refers to factories that combine at least three characteristics: use of machinery, employment of wage labor, and the application of regulatory measures such as the Factory Act or Disputes Act.
.Small scale industry
These are the industrial undertakings having fixed investment in plant and machinery, whether held on ownership basis or lease basis or hire purchase basis not exceeding Rs. 1 crore
SanskritiJaiswal:
Thanku.. :)
Answered by
6
industries are classified on the basis of size as:
1.LARGE SCALE INDUSTRIES- these industries use large amount of capital and technology. they produce large volumes of products. Ex. production of automobiles and heavy machinery
2.SMALL SCALE INDUSTRIES- These industries use small amount of capital and technology. They produce small volume of products. Ex. silk production.
1.LARGE SCALE INDUSTRIES- these industries use large amount of capital and technology. they produce large volumes of products. Ex. production of automobiles and heavy machinery
2.SMALL SCALE INDUSTRIES- These industries use small amount of capital and technology. They produce small volume of products. Ex. silk production.
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