Multiple choice

The definition of Small Scale Industry in India is based on

  1. sales of a unit

  2. investment in machines and equipments

  3. market coverage

  4. export capacity
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In India, Small Scale Industries (SSIs) have historically been classified based on their investment in plant and machinery or equipment. This threshold has changed over time but remains the primary criterion. Sales, market coverage, or export capacity are not defining factors for SSI classification.

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