Social Sciences, asked by Anonymous, 1 year ago

what is small scale industry?

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Answered by mousumi6
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Answered by Anonymous
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Small & Medium Enterprises Development Act, 2006. The act categorizes different scale of industries on the basis of investment in plant & machinery in case of manufacturing industries and on the basis of investment in equipment in case of service sector industries.IS CALLED THE SMALL SCALE INDUSTRY 




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Manufacturing enterprises in which investment in plant & machinery is more than Rs 5.00 crores but does not exceed Rs 10.00 crores and service sector industries in which investment in equipment is more than Rs 2.00 crores 





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IMPORTANCE 



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                    1. CUSTOMIZED THE PRODUCTS 


                    2. 
Partner in nation building


                    3. 
Partner in nation building 


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