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Ancillarisation in Indian industry refers to the practice of supporting and developing small-scale and medium-sized enterprises (SMEs) that provide ancillary goods and services to larger industries. This approach aims to enhance the supply chain, promote local manufacturing, and foster innovation by integrating smaller firms into the production processes of larger companies. By encouraging ancillarisation, the Indian government seeks to boost employment, improve competitiveness, and achieve balanced industrial growth across various sectors.

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9mo ago

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Which one of the following is the largest segment of Indian Industry Textile Industry Banking Industry Engineering Industry Chemical Industry?

The largest segment of Indian industry among the options provided is the Textile Industry. It plays a vital role in the country's economy, contributing significantly to employment and export earnings. The textile sector encompasses a wide range of activities, including the production of yarn, fabric, and garments, making it one of the oldest and most established industries in India.


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