On the basis of size, industries can be classified into the following
→ Small-Scale Industries - These industries less amount of
capital and technology. Cottage or household industries are a type of small-scale industry where the products are made by hands, by the artisans For example basket weaving, silk weaving, food-processing, and pottery and other handicrafts industries.
→ Large-Scale Industries - These industries use large amount of capital investment and superior technology to produce large volumes of products. For example iron and steel industries, heavy electricals, production of automobiles and heavy machinery.