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State meaning of large scale industries. - Economics

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State meaning of large scale industries.

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Solution

Large-scale industries are those with extensive infrastructure, raw materials, high manpower requirements, and large capital investments. Organisations with a fixed asset of more than ₹ 10 crore are considered large-scale industries. The iron and steel industry, the textile industry, the manufacture of heavy machinery, and shipbuilding are some examples of large-scale industries.

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Chapter 8: Secondary Sector : Industry - QUESTIONS [Page 125]

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J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 8 Secondary Sector : Industry
QUESTIONS | Q 8. a. | Page 125
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