Resource Mobilization — Entrepreneurship STD 11 Commerce — Question

It means that Industrial Unit whose investment in plant and machinery does not exceed ₹ 5 crore. The main features of these industries are as follows:

1. Labour is kept on wages (thus unlike cottage industry, employers themselves do not do the work but get the work done with the help of labourers).
2. Machines are used.
3. Machines are run with electricity.
4. The following are the main examples of SSI units:

• Hosiery factories in Ludhiana.
• Scientific instruments making factories in Ambala.
• Carpet making factories in Panipat.
• Radio, TV, etc. manufacturing factories in Delhi.

Small scale industry groups:

1. Tiny Sector.
2. Auxiliary Small Units.
3. Micro-business.
4. Small-scale Service and Business (industry Related) Enterprise.
5. Small-Scale Industries Owned and Managed by Women Entrepreneurs.
6. Export-oriented.