Topic: Scope of learning and development in small scale companies in India
What is a small scale company? A small scale business can be a an enterprise engaging in small scale industries like R&D, manufacturing or cottage industries. The number of employees or workers varies from one country to another. Most of these are privately owned and operated, where sales turnover are low. A small-scale industry is one in which the investment in plant & machinery is less than Rs. 1 crore. When investment is less than Rs. 25 Lakhs it qualifies to be treated as a Tiny sector SSI.