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Small scale industries today defined as all those industries in which maximum investment is _________
Less than Five Lakh
Less than Ten Lakh
Twenty Crore
Less than ten Crore
- Small scale industries (SSIs) are critical for economic development, especially in developing countries.
- Option: 1, Less than Five Lakh: Initially, the investment cap for SSIs in India was very low, around this range, but this limit is outdated.
- Option: 2, Less than Ten Lakh: This was relevant when the definition of SSIs was different decades ago.
- Option: 3, Twenty Crore: This can relate to medium-scale industries, not small-scale.
- Option: 4, Less than ten Crore: Currently, in India, as per the MSME (Micro, Small, and Medium Enterprises) classification, small scale industries can have an investment in plant and machinery not exceeding ten crore rupees.
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