Business Studies, asked by mithunclg3607, 11 months ago

State any one example of small scale industries and explain

Answers

Answered by Priston029
0
Hi friend,
Here's your answer

Industries which invests less than one crore rupees in plant and machinery is called Small scale industries.
Importance of Small scale industries are as follows:
1. Creates more employment
2. Small capital and simple machines
3. Lower degree of skills
4. Quick yielding
5. Balanced regional development

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