Small scale Industries are the type of industries that produces goods and services on a small scale. These industries play an important role in the economic development of a country. The owner invests once on machinery, industries, and plants, or take a lease or hire purchase. These industries do not invest more than one crore due to economic challenges in India. Few examples of small-scale industries are paper, toothpick, pen, bakeries, candles, local chocolate, etc. industries and are mostly settled in an urban area as a separate unit.
The agro and rural industry also knows as cottage and rural industry are not defined by their capital investment and are located in the rural area. They play a crucial role in generating and providing employment to rural people, particularly for local artesian and weaker section of the area. The rural industry also contributes to the rural community by proving employment and restricting the rural people to migrate to the urban area for work. Rural industries are related to agriculture and contribute subordinate employment in rural areas.
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