India - Annual Survey of Industries Summary 1987-88

GROSS VALUE OF PLANT OF MACHINERY represents the total original (undepreciated) value of installed plant and machinery at the end of the accounting year. It includes the book value of the newly installed plants and machinery and the approximate value of rented in plants and machinery at the time of renting-in but excludes the value of rented-out plants and machinery. Total value of all the plants and machinery acquired on hire - purchase basis is also included.