Definition of Small Scale Industry

Definition:-

Small Scale Industry is defined as a unit in which investment in original value of plant and machinery should not exceed Rs. 1.5 crore. However, to facilitate technology up gradation and enhance competitiveness, the investment limit has been raised to Rs. 5 crore in respect of 71 high tech export oriented items in drugs, pharmaceuticals, hand – tools and knitwear sectors, etc.

Small Scale Industry Registration:-

Small scale and ancillary units should seek registration with the Director of Industries of the concerned State Government. States have generally adopted the uniform registration procedures as per the guidelines. However, there may be some modifications done by States. It must be noted that small industries are basically a state subject.