1. #1
    Unregistered

    Under what category does agarbetti and candle factory comes, Single proprietor ownership or small scale industry?

    My uncle has this agarbetti and candle factory. He has opened this factory 3 year and there are some 50 people working over there. He has got a license for the same and some more facilities for the worker working over there. Under which category this factory comes. Is it single proprietor ownership or small scale industry?

  2. #2
    manunair1990 Array
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    Sep 2012
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    Thrissur
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    Re: Under what category does agarbetti and candle factory comes, Single proprietor ownership or small scale industry?

    In my opinion, it comes under Small Scale industry. All types of small-scale industries found in India whether in manufacturing sector or service sector are divided into five types. They are
    1) Manufacturing industries
    2) Ancillary industries
    3) Service industries
    4) Feeder industries
    5) Mining or Quarries

    I think, your firm comes under first category. Thus making agarbetties and Candles factory are coming under Small scale industry

  3. #3
    Labournet Law Consultancy Array
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    Re: Under what category does agarbetti and candle factory comes, Single proprietor ownership or small scale industry?

    If your uncle is doing the business alone with out any partners then it is a single proprietor ownership and if he has partnership then it is partnership firm and his business is registered under the company act then it is a company. So small scale industry and proprietorship are two different end and it cannot be compared.
    Small scale industry is the industry which is created or started using small budget or for a small group of people.
    Proprietor owner is a type of ownership where the owner of the business is a single person.
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