SSI visited:-
Nova Cosmetics Pvt. Ltd.
Kevin Enterprises Pvt. Ltd.
Introduction To Small Scale Industries.
Small-scale industries are the backbone of the Indian industrial structure. They provide a variety of non-traditional low technology product. They are also engaged in the processing, preserving manufacturing and servicing activities. small-scale industries (SSIs) constitute an important and crucial segment of the industry sector.
Promotion and growth of SSI sector has been a cardinal feature of Indian Industrial policy. SSIs in India have been given a distinct identity and the Govt. has accorded high priority to this sector on account of the vital role it plays in balanced and sustainable economic growth.
It plays crucial role in the process of economic development by value addition, employment generation, equitable distribution of national income, regional dispersal of industries, mobilisation of capital and entrepreneurial skills and contribution to export earnings.
It has all the characteristics of the decentralized sector such as small size and employment intensity and the entire lot belongs to private sector. The contribution of SSI sector to employment is next only to agriculture as a dynamic and vibrant sector of the economy.
Sma1l-Scale Industries play a key role in the Industrialisation of developing country. This is because they provide large-scale employment and have a comparatively higher labour-capital ratio. They need a shorter gestation period and relatively smaller market to be economic. They need lower investments, and facilitate an effective mobilisation of resources of capital and skill which might other-wise remain unutilised.
The Small-Scale Industry sector, manufacturing a wide range of more than 7500 products, not only caters to the needs of the lower income group, but also acts as a nursery for the employment of