Question

What is meant by small scale enterprise?

Answer 1

Small scale enterprises are those industries where business is done on a small scale. As per the latest update the definition of a small scale enterprise is where the business has an annual turnover not exceeding 50 crores, while the investment on plant and machinery is not exceeding 10 crores.

Also read:

• Role and Importance of Small Scale Industries
• Small Scale Industries
• Administrative Setup for Small Scale Agro and Rural Industries
• Large Scale Industries

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