Based on size
It alludes to how many masses headquarters contributed, the range concerning humans utilized, or the amount regarding creation. In a dispute concerning size, companies might also posture grouped on Small scope afterward large scope businesses.
Classification of Industries on the Basis of Size
On the basis of size, industries are usually classified into 3 types, which include: Small- scale industries, Medium scale industries, and large-scale industries. Small-scale industries are small businesses that are run directly by families or by small groups of people. The products manufactured are small and require less investment. In medium-scale industries, there is more capital and technology, and requires more workers as compared to small-scale industries. In large-scale industries, there are larger industries, big matches, and more investment as well as labor.