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Secondary Activities

Question
CBSEENGE12024057

Write a brief note on small scale industry.

Solution
Small scale industry:
(i) Small scale industry is an extended form of the cottage industry in which manufacturing is done by machines in addition to manpower.
(ii) It requires small machines driven by power, small capital investment and less human labour. Raw material is obtained from outside if not available in the local market. Its products are sold in the outside market.
(iii) These industries provide employment to large population in developing countries. Clothes, paper goods, toys, earthenwares, furniture, electrical goods, electronics, metallic utensils, edible oil and leather industry are examples of small-scale industries.