Question

List out major industry groups in the small sector in India.

Answer 1

Small Scale Industries

Essentially small scale industries comprise of small enterprises who manufacture goods or services with the help of relatively smaller machines and a few workers and employees. Basically, the enterprise must fall under the guidelines set by the Government of India. At the time being such limits are as follows,

For Manufacturing Units for Goods: Investment in plant and machinery must be between 25 lakhs and five crores.

For Service Providers: Investment in machinery must be between 10 lakhs and two crores.