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Question
Differentiate between
Large-scale industries and Micro, small and medium industries
Solution
| Sr. No. | Large-scale industries | Micro, small, and medium industries |
| 1. | Huge amount of capital, equipment and other infrastructure is required for setting up large-scale industries. In India, the industries requiring an investment of more than Rs.10 crores are large-scale. | In micro industries, investment for plant and machinery does not exceed Rs. 25 lakh and investment for equipments does not exceed Rs. 10 lakh. In small industries, investment for plants and machinery does not exceed Rs. 5 crores and investment for equipments does not exceed 2 crores. In medium industries, investment for plant and machinery does not exceed Rs. 10 crores and investment for equipments does not exceed Rs. 5 crores. |
| 2. | Iron and steel, power, cotton textiles, etc. are produced by large scale industries. | Pens, dairy products etc. are produced by micro industries. Bottles, small toys etc. are produced by small industries. Manufacturing of cycle, T.V. etc. is done by medium industries. |
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