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

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asked Mar 28, 2018 in Social Science by anukriti (13,536 points) 5 10 19
Classify industries on the basis of capital investment. How are they different from one another ? Explain with examples.

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answered Mar 28, 2018 by faiz (82,347 points) 6 6 11
selected Mar 28, 2018 by anukriti
 
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(i) Classification of the industries on the basis of capital investment :
(a) Small Scale Industry
(b) Large Scale Industry
(ii) Difference :
If the investment is more than one crore in any industry, it is considered as a large-scale industry.
For example, Iron and Steel Industry/Cement Industry (any other relevant example). While the investment is less than one crore in an industry, it is considered as a small scale industry e.g. Plastic industry, toy industry.

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