What is a small scale industry?
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- Small Scale industries are those type of industries which are set up in small area.
- They have less workers.
- Their income and profit is very low as compared to large scale industries.
- For e.g. Jaggery making in the village.
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Answer: 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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