Classify industries on the basis of capital investment. How are they different from one another? Explain with examples.
Classification of the industries on the basis of capital investment:
- Small Scale industry
- Large Scale industry
- f the investment is more than one crore on any industry 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 is considered as a small scale industry, for example, Plastic industry, Toy industry.