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Question -

What is the definition used by Government of India for small scale industries?



Answer -

As per Government of India, small scale industries are those industries where manufacturing, rendering and production of services are done on small scale. Here the investment is one time and the value is around 1 crore. The investment is done on machinery and plants. However some export oriented units make use of modern machinery for production and the costs can go up to 5 crore for the same.

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