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Small and medium scale enterprises (SMEs) are understood in India as enterprises where the investment in plant and machinery or equipments is between Rs. 25 lakhs ( ͌ US million) to Rs. 10 crores ( ͌ US million) in case of a manufacturing industry and between Rs. 10 lakh ( ͌ US million) to Rs. 5 Crore ( ͌ US million) in case of a service sector enterprise.
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Nov 08, 2017· The cost of machinery or equipment's required for starting small manufacturing business is very low. The Small Scale Industries play an important role in Indian economy in spite of facing numerous difficulties. The Government of India has taken certain measures for the development of cottage and small scale industries.
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Jan 25, 2012· In India, the Stone Crushing Industry sector is estimated to have an annual turnover of Rs. 5000 crore (equivalent to over US 1 billion) and is therefore an economically important sector. The sector is estimated to be providing direct employment to over 500,000 people engaged in various activities such as mining, crushing plant, transportation of mined stones and crushed products etc.
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