Business Studies

A small scale industrial unit is one which has investment upto:


ANSWER

1 crore


SOLUTION
The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is as under:
  1.  A small scale industrial enterprise should have investment of more than 25 lakhs and less than 10 crore in plant and machinery in the case of manufacturing unit.
  2. In the case of service sector the minimum amount of investment is 10 lakhs and maximum of 5 crore in plant and machinery.
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