Section 3: Classification of industries,- For the purposes of this Act, the industries shall be classified as follows
The Madhya Pradesh State Aid to Industries Act, 1958State Act of Madhya Pradesh · Act 20 of 1958
(i) Large-scale industry meaning an industry the capital outlay of which on land, building, installed machinery, railway siding or other fixed assets exceeds rupees ten lakhs;
(ii) medium-scale industry meaning an industry the capital outlay of which on land, building, installed machinery, railway siding or other fixed assets exceeds rupees 3(two) five lakhs does not exceed rupees ten lakhs;
(iii) small-scale industry meaning an industry other than a large scale industry or medium scale industry.
CHAPTER II GENERAL PROVISIONS REGARDING THE GIVING OF STATE AID
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