Q.What is small scale industry?
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Start your 14-day free trial to unlock the full solution →A small-scale industry is a manufacturing unit whose investment and turnover fall within the government-fixed 'small enterprise' limits under the MSME classification.
A small-scale industry (SSI) is a manufacturing or production unit run with relatively limited capital, plant and machinery, and a limited workforce, whose investment and annual turnover stay within the ceilings prescribed by the government under the MSME (Micro, Small and Medium Enterprises) classification. It is larger than a micro/tiny unit but smaller than a medium or large industry. Small-scale industries are important because they need **less capital, generate employment, use local res …
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