Classify, on the basis of size, the business enterprises. - Vidyadip

Question

Classify, on the basis of size, the business enterprises.

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Answer

According to volume of capital invested, industries are categorized as:

Small Scale.
Medium Scale.
Large Scale.

Small-Scale (SSI): It means that Industrial Unit whose investment in plant and machinery does not exceed ₹ 5 crore.
Medium: A medium enterprise is one where the investment in plant & machinery is more than ₹ 5 crore but does not exceed ₹ 10 Crore.
Large: The industrial units whose investment in plant and machinery exceeds ₹ 10 crores are said to be large units.

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