Large Scale Industry (i) These industries employ a larger number of persons and capital. The industries which produce the goods in large amount by using the improved technology, efficient manpower, and more capital are known as medium and large scale industries. 3. LARGE-SCALE INDUSTRY, 1850–1950LARGE-SCALE INDUSTRY, 1850–1950 The term "large-scale industry" refers to factories that combine at least three characteristics: use of machinery, employment of wage labor, and the application of regulatory measures such as the Factory Act or Disputes Act. On account of the able management that the cost of production is less and the quality of the product becomes superior. ADVERTISEMENTS: (ii) The work is done mostly by larger machines and laborers. (iii) Raw materials and used is large and there is mass production. Track Scale Industries Litd Tanzania Info Email Web Phone Arusha P O Box 7674 Arusha- . Also, these industries run with huge capital investment. Large scale industries play a very important role in the country’s economy. In the nineteenth century, India saw the emergence of large factories, machinery, and government regulation of industrial work—three features that define a large-scale industry. The contribution of the industrial sector to the total Gross Domestic Products (GDP) is only around 17 %. Theterm ‘large scale industries’ is a generic one including various types ofindustries in its purview. Generally, large scale industries produce capital and basic goods. The industrialization that began in colonial India catalysed the formation of ‘industrial districts’, and the new generation of manufacturing industries and highly skilled services were concentrated in the cities. Sources of Government Revenue. These industries produce huge amount of goods, generally expensive one. Medium and large scale industries are necessary for the scientific utilization of available natural resources such as forest resources, mineral resources, human resources and water resources. Role of Small, Medium and Large Scale Industries in Economic Development. With our large-scale CNC machining capabilities, Signal Metal Industries, Inc. is a premier provider of quality machined parts and fabrications. Small scale industries use lesser amount of capital and technology as compared to large scale industries. Large scale industries produce large volumes of products. Silk weaving and food processing industries are examples of small scale industries. It is possible only when the industries are running on large scale. The large scale production requires the able and efficient organizers which requires the better remunerative facilities. Industries that need huge infrastructure and manpower to operate generally come under this segment. 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