Classify industries on the basis of capital investment
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Classify industries on the basis of capital investment. How are they different from one another? Explain with examples
Answered by admin @
Classification of the industries on the basis of capital investment :
(a) Small Scale Industry(b) Large Scale Industry
Difference : If the investment is more than one crore on any industry, it is considered as a large scale industry. For example, Iron and Steel Industry/Cement Industry. While the investment is less than one crore on an industry, it is considered as a small scale industry e.g. Plastic industry, toy industry.
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