The exact meaning of industrialisation is a process by which an increasing proportion of a country’s economic activity is involved in the industry. The basis of the division of the large-scale and small-scale industries is generally the size, capital resources and labour of the individual unit.
The difference between small and large scale industries are tabulated below.
|Small scale industries||Large scale industries|
|There are less capital and investment in small-scale industries||Large-scale industries have tremendous capital and investment|
|Since they have low investment, small-scale industries do not have big machines||Large-scale industries have large and enormous machines|
|Small-scale industries employ fewer employees, and most work is performed by workers||Machines do most work in large-scale industries|
|Examples: cycles, handicraft||Examples: Cotton, iron|