Compare large scale, medium scale, small …

Large scale industries produce more than small scale industries, the extent of market is more for large scale industries. Small scale industries can manage themselves with their local market but large scale industries cannot. Large scale industries cannot function if they do not get adequate market.

Small scale industries are mostly located in urban and semi-urban areas. The small industries are mostly run by hired labourers.

Medium-scale businesses typically result from the slow and steady growth that results from a successful small business. As a company earns more revenue, it sets aside the capital needed for buildings, equipment and more employees, eventually bridging the gap between small business and large corporations.

Cottage industries are also known as small scale industries because of the investment. Cottage industry being a household industry is mostly run by the members of the family and therefore do not maintain hired labourers.