Different b/w small scail industry and large scale industry
Solution:
Basis for comparison | Small scale industries | Large scale industries |
Meaning | Industries that require capital less than or up to Rs. 1 crore are called small scale industries. | Industries that require capital more than Rs. 1 crore are called large scale industries. |
Labour | Non-skilled or semi -skilled labour required. | Highly skilled labour is required. |
Industry type | Labour intensive industry | Capital intensive industry |
Raw material | Raw material mostly taken from local market | Raw material procured from different part or country and also from outside the country. |
Examples | Candle making, pickle-making etc. | Cotton textile, steel and iron and sugar industry etc. |