question_answer

Classify industries on the basis of capital investment. How are they different from one another? Explain with examples.

Answer:

On the basis of capital investment industries can be classified as:

(i) Small-scale industry, (ii) Large-scale industry.

Difference: If the investment is more than one crore rupees in any industry, it is considered as a large scale industry. For example- Iron and Steel industry, cement industry etc. If the investment is less than one crore rupees in any industry, it is considered as a small scale industry.

For example-Plastic industry, toy industry etc.