If an industry opens with an investment of 10 crores . What type of industry is it?
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Answer:
it might be a large scale industry
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If an industry opens with an investment of 10 crores . What type of industry is it?
Explanation:
- Small Scale Industries (SSI) are those industries in which the manufacturing, production and rendering of services are done on a small or micro scale.
- These industries make a one-time investment in machinery, plant, and equipment, but it does not exceed Rs.10 crore and annual turnover does not exceed Rs.50 crore.
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