The industries in India which are organised on a small scale and produce goods with the help of small machines, hired labour and power, are the small scale industries .
In India, the investments required should not be more than Rs. 1 Crore for small-scale industry
The advantages of small scale industry in India, can include closer supervision, better employee relationships, and simple management procedures. The disadvantages of small scale industry in India can include higher production costs, competition problems, and funding difficulties.
Large scale industries refers to those industries which require huge infrastructure, man power and a have influx of capital assets.Their investment or capital is generally more than 1 crore. Small scale industry means an industry that has capital less than 1 crore. Almost all items can be manufactured in a small scale industry, but there are large scale manufacturing activities like rolling mills, extrusion presses, pilger mills etc., that cost much more.
huge profit then large competitions ect.....
for creating a job for a single person, in any country irrespective of their economic backgrounds government need atleast 0.5million usd to create a permanent job for that person,which is very difficult to implement so government encourage new entreprenuer's to start up small scale industry and give's some concession's to it,these small scale industries's depending upon their scale of profit level can give employement and can give a descent salary.these small scale industries contribute to the majority of GDP of a nation.
Role of large scale industry?
example of large scale industry
A cottage industry typically involves individuals working from their homes, producing goods on a small scale. In contrast, a small-scale industry involves a small business entity that operates on a slightly larger scale than a cottage industry, often employing a small number of people and having a formal workspace.
Please clarify: you wish to start a small scale industry? Perhaps you mean, small scale business?
maximum investment allowed for small scale industry
Examples of medium scale industry includes different factors. It is the number of employees and the amounts of revenues that the company has. Medium scale industry could be franchises or factories.
example of large scale industry
Some of the trades in the small scale industry include weaving, sculpting and tailoring. Landscaping, daycare centers and nanny care jobs also fall in small scale industry.
the minimum paid up capital of a small scale industry should be 5 lakh
it provies raw materials for other large scale industries
There are three types of industry. They are cottage and small-scale industry medium and large-scale industry tourist industry
name of company which under small scale industries
The industries which are organizedOn a small scale and produce goods with the help of small Machines hired labour and power as small scale industries