Question

write the difference between
Small industries and medium industries​

Answer 1

Answer:

Small and medium-sized enterprises (SMEs) are non-subsidiary, independent firms which employ fewer than a given number of employees. ... Small firms are generally those with fewer than 50 employees, while micro-enterprises have at most 10, or in some cases 5, workers. Financial assets are also used to define SMEs.

Answer 2

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Difference between small industries and medium industries:-

• Small or medium scale industry is an industrial undertaking in which there is a definite capital investment in its plant and machinery.

• Large scale industry encompasses big industrial units whose investment in their plant and machinery is beyond the limit specified by the Government. It requires semi-skilled labours.

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