Question

What is small scale industry¿¿¿¿¿

Answer 1

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Any industry in which the investment in plant and machinery is more than rupees 25 lakh but less than rupees 2 crore is called small scale industry.

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Answer 2

Answer:

A small scale industry produces goods on a small scale, employs some people and requires an investment which is not very large. In this industry, machines are used to make goods. The raw material is obtained from outside the town and the products are also sold through a network of traders.

Small- scale industries produce clothes, paper goods, toys , furniture, machine parts, electrical goods , utensils, lather goods, etc.