Industry involves production of goods and services
industry involves capital investment
Large-scale industries are located in urban centers and are in the public sector or run by big industrialists, e.g. cotton textiles. They also require huge capital investments.
Role of large scale industry?
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Large scale industries Large scale industries refers to those industries which require huge infrastructure, man power and a have influx of capital assets. The term 'large scale industries' is a generic one including various types of industries in its purview. All the heavy industries of India like the Iron and steel industry, textile industry, automobile manufacturing industry fall under the large scale industrial arena. However in recent years due to the IT boom and the huge amount of revenue generated by it the IT industry can also be included within the jurisdiction of the large scale industrial sector. Last but not the least the telecoms industry also forms and indispensable component of the large scale industrial sector of India. Indian economy is heavily dependent on these large industries for its economic growth, generation of foreign currency and for providing job opportunities to millions of Indians.
Following are the characteristics of some industries which identify them as small-scale industries:Labor intensive, Flexibility, One-man show,Localized operation, Educational level, and Profit motive
The meaning of medium scale industries is industries that are in-between large scale and small scale industries. These are average industries that have a higher production capacity that small scale industries but lower than large scale industries.
large scale industries are type of industries in which very large amount of production & manufacturing can be done....
characteristics of sme
example of large scale industry
The difference between large scale industries, medium scale industries and small scale industries is found in three areas. It depends on the number of employees each industry employs, the amount of capital that was invested and the availability of the company's assets.
small scale industries and large scale industries . steel plant in Durgapur Westbengal is an Eg for large scale industry.
Large-scale industries are located in urban centers and are in the public sector or run by big industrialists, e.g. cotton textiles. They also require huge capital investments.
Large scale industries which are capital intensive .........................................
Role of large scale industry?
it provies raw materials for other large scale industries
Classification of industries on the basis of size........... On the basis of size 3 types of industries are there:- 1.Small scale industry 2.Medium scale industry 3.Large scale industry -mohit malviya VIII-'D' SICA.S.S.SCHOOL
There are many large scale industries in Bangalore, Karnataka, India. Some of these industries include Adi International, AAA Portfolio Private Limited, A.H. Trading Company, and Alchem Industries.