Discuss Definition of Small Scale Industry within the Management of Small Scale Industries ( MSSI ) forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; Definition:- Small Scale Industry is defined as a unit in which investment in original value of plant and machinery should ...
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Definition of Small Scale Industry
Definition of Small Scale Industry - September 27th, 2010
Small Scale Industry is defined as a unit in which investment in original value of plant and machinery should not exceed Rs. 1.5 crore.
However, to facilitate technology up gradation and enhance competitiveness, the investment limit has been raised to Rs. 5 crore in respect of 71 high tech export oriented items in drugs, pharmaceuticals, hand – tools and knitwear sectors, etc.
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Re: Definition of Small Scale Industry
Re: Definition of Small Scale Industry - May 28th, 2015
The latest research have indicated certain fact i would like to share:
1) 75 % of economy is generated through small scale industry
2) Small Scale Industry lacks capital
3) Small Scale industries are taken over by MNC
4) Small Industry suffers in front of MNC
It has proven that MNC took over by small scale industry because they have more capital as compared to small scale industry.
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