The capital investment in a small scale industry is :
Rs 50,000
One crore
10 lakhs
25 lakhs
The capital investment in a small scale industry is 25 lakhs.
Shankar food Industries set up beverages processing plant in the rural area of Haryana and opted for labour intensive technique due to easy availability of labour and to provide employment to local people. He decided to invest 50 lakhs to acquire plant & machinery, Rs. 1 crore to buy land, Rs. 20 Lakhs to buy raw material and Rs. 20 lakhs to maintain day to day expenses. To which category does this industry belong to? What is its investment limit?