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All types of small-scale industries found in India whether in manufacturing sector or service sector are divided into five types:
1. Manufacturing Industries:
Those units which are producing complete articles for direct consumption and also for processing industries are called as manufacturing industries. For example : Powerlooms, engineering industries, coin industries, khadi industries, food processing industries etc.
2. Ancillary Industries:
The industries which are producing parts and components and rendering services to large industries are called as ancillary industries.
3. Service Industries:
Service industries are those which are covering light repair shops necessary to maintain mechanical equipments. These industries are essentially machine- based.
4. Feeder Industries:
Feeder industries are those which are specialising in certain types of products and services, e.g. casting, electro-plating, welding, etc.
5. Mining or Quarries.
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What is the definition for large scale industries in India?
These are industries that do a lot of trade and business in India. They may include food, manufacturing, or some other industry.
What is the importance of small scale industries?
'_, i think that the small scale industries is very important to our country in order to survive and especially to those people who needs job..The following are some of the important role played by small- scale industries in India.1. Employment generation:The basic problem that is confronting the Indian economy is increasing pressure of population on the land and the need to create massive employment opportunities. This problem is solved to larger extent by small-scale industries because small- scale industries are labour intensive in character. They generate huge number of employment opportunities. Employment generation by this sector has shown a phenomenal growth. It is a powerful tool of job creation.2. Mobilisation of resources and entrepreneurial skill:Small-scale industries can mobilize a good amount of savings and entrepreneurial skill from rural and semi-urban areas remain untouched from the clutches of large industries and put them into productive use by investing in small-scale units. Small entrepreneurs also improve social welfare of a country by harnessing dormant, previously overlooked talent.Thus, a huge amount of latent resources ;re being mobilised by the small-scale sector for the development of the economy.3. Equitable distribution of income:Small entrepreneurs stimulate a redistribution of wealth, income and political power within societies in ways that are economically positive and without being politically disruptive.Thus small-scale industries ensures equitable distribution of income and wealth in the Indian society which is largely characterised by more concentration of income and wealth in the organised section keeping unorganised sector undeveloped. This is mainly due to the fact that small industries are widespread as compared to large industries and are having large employment potential.4. Regional dispersal of industries:There has been massive concentration of industries m a few large cities of different states of Indian union. People migrate from rural and semi urban areas to these highly developed centres in search of employment and sometimes to earn a better living which ultimately leads to many evil consequences of over-crowding, pollution, creation of slums, etc. This problem of Indian economy is better solved by small- scale industries which utilise local resources and brings about dispersion of industries in the various parts of the country thus promotes balanced regional development.5. Provides opportunities for development of technology:Small-scale industries have tremendous capacity to generate or absorb innovations. They provide ample opportunities for the development of technology and technology in return, creates an environment conducive to the development of small units. The entrepreneurs of small units play a strategic role in commercialising new inventions and products. It also facilitates the transfer of technology from one to the other. As a result, the economy reaps the benefit of improved technology.6. Indigenisation:Small-scale industries make better use of indigenous organisational and management capabilities by drawing on a pool of entrepreneurial talent that is limited in the early stages of economic development. They provide productive outlets for the enterprising independent people. They also provide a seed bed for entrepreneurial talent and a testing round for new ventures.7. Promotes exports:Small-scale industries have registered a phenomenal growth in export over the years. The value of exports of products of small-scale industries has increased to Rs. 393 crores in 1973-74 to Rs. 71, 244 crores in 2002-03. This contributes about 35% India's total export. Thus they help in increasing the country's foreign exchange reserves thereby reduces the pressure on country's balance of payment.8. Supports the growth of large industries:The small-scale industries play an important role in assisting bigger industries and projects so that the planned activity of development work is timely attended. They support the growth of large industries by providing, components, accessories and semi finished goods required by them. In fact, small industries can breath vitality into the life of large industries.9. Better industrial relations:Better industrial relations between the employer and employees helps in increasing the efficiency of employees and reducing the frequency of industrial disputes. The loss of production and man-days are comparatively less in small- scale industries. There is hardly any strikes and lock out in these industries due to good employee-employer relationship.Of course, increase in number of units, production, employment and exports of small- scale industries over the years are considered essential for the economic growth and development of the country. It is encouraging to mention that the small-scale enterprises accounts for 35% of the gross value of the output in the manufacturing sector, about 80% of the total industrial employment and about 40% of total export of the country.
WHAT are the features of small scale industry?
Small-scale industries are vital for economic diversity and innovation. Here are some key features: Limited Scale of Operations: Typically, they operate on a smaller scale with fewer production and sales volumes, allowing for quick adaptation to market changes. Small Workforce: They usually employ a small number of staff, which simplifies management and enhances internal communication. Local or Niche Focus: Often specializing in specific market niches or local needs, they can better understand and cater to their customer base. Limited Financial Resources: They generally have less access to capital compared to larger firms, which can impact their growth and expansion opportunities.
Short note on small scale industry?
Cottage industry or Home industry means the manufacturing of goods at home by hands, with small capital and on a small scale by the members of a family. In the past cottage industries played an important role in the economy of our country. They provided employment to a large number of people. The destruction of the cottage industries is one of the main causes of poverty in our country. In India cottage industries have a more important part to play than any other country. They can help a lot in solving the problem of unemployment and poverty. For more than four months in a year, our cultivators have no work to do. Cottage industries can give the cultivator useful employment during spare time. Cottage industries have some real and practical advantages. They make the best use of woman labour. They make the work joyful and pleasant. There is no corruption and no exploitation of the poor by the rich. In cottage Industries there is no fear of a quarrel between the labour and factory owner.
What are the features of small scale business enterpises?
Small business enterprises are usually private corporations, partnerships or sole proprietorship businesses. They are liable for government support and tax concessions. They are common in all countries. The number of employees determine the scale of business. For eg. in America, an enterprise having less than 500 employees within a year in non manufacturing industries, in Australia the number of employees should be less than 15, while in Europe it is 250 and in Asian countries it is 100. In some countries a small scale industry is determined by their financial measures like net profit, balance sheet total, etc.
Name some small scale industries?
radio industry
What are the sources of financing small scale business in nigeria?
Source of finance for small scale business can be raise through 1. From family. 2. From friends 3. From cooperatives society 4. Loans from the bank... Nigeria has introduced some sectoral policies to strengthen the growth of SMEs in Nigeria. Some of the policies active there are Concessionary financing, Small and Medium Industries Equity Investments Scheme(SMIEIS) to encourage the growth of small and medium scale industries. In Nigeria, the National Council of Industry, under the Federal Ministry of Industries, periodically revises the classification of SMEs. Other institutions, such as the Central Bank of Nigeria and the Nigerian Association of Small Scale Industries(NASSI) promote the growth of small industries.
What are the characteristics of small scale business?
Following are the characteristics of some industries which identify them as small-scale industries:Labor intensive, Flexibility, One-man show,Localized operation, Educational level, and Profit motive
What are roles in economic development of small scale industries?
for creating a job for a single person, in any country irrespective of their economic backgrounds government need atleast 0.5million usd to create a permanent job for that person,which is very difficult to implement so government encourage new entreprenuer's to start up small scale industry and give's some concession's to it,these small scale industries's depending upon their scale of profit level can give employement and can give a descent salary.these small scale industries contribute to the majority of GDP of a nation.
How large scale industries differ from small scale industries?
Large scale industries refers to those industries which require huge infrastructure, man power and a have influx of capital assets.Their investment or capital is generally more than 1 crore. Small scale industry means an industry that has capital less than 1 crore. Almost all items can be manufactured in a small scale industry, but there are large scale manufacturing activities like rolling mills, extrusion presses, pilger mills etc., that cost much more.
List of large scale industries in Bangalore?
There are many large scale industries in Bangalore, Karnataka, India. Some of these industries include Adi International, AAA Portfolio Private Limited, A.H. Trading Company, and Alchem Industries.
What are some of the small scale cottage industries in India?
agarbatti, crackers, pickles, and many more
What are all Small Scale Industries?
In India, MSME Registration is synonymous with SSI registration, small business registration, or small scale industry registration. The Directorate of Industries of the State Government, on behalf of the Ministry of Micro, Small, and Medium Enterprises, facilitates SSI Registration. Maintaining data and a list of SSI companies in India is the primary goal of SSI registration, as it enables the provision of support services and incentives. According to the MSME standards, all State Governments have implemented uniform registration procedures. On the other hand, some states have changed how to apply for Small Scale Industries Registration. As a result, each State would have a different registration process.
Why do farmers engage in small scale manufacturing in villages?
Small scale farming becomes more and more unprofitable. This is why some farmers engages in small scale manufacturing.
What are some Egypt industries?
Oil and there are some small cherimoya factories.
What is the definition for large scale industries in India?
These are industries that do a lot of trade and business in India. They may include food, manufacturing, or some other industry.
What are some types of cottage industry?
in the Bahamas one of are cottage industries is making straw bags cottage industries is the same thing as traditionall industries
