A look at the small scale industries

Type :

Term papers

Pages :

22 pages

Format :

.doc

Published date :

05/08/2009

Category :

Business & market

Sub category :

Business strategy

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Summary :

Introduction
1. Definitions
2. Tiny unit
3. Small scale industry
4. Ancillary industrial undertakings
5. Objectives and scope of the study
6. Research methodology
Marketing concepts and their relation to the type of the industry
1. Modern concept of marketing
2. Marketing system
3. Service industries
4. Demand variable of different types of goods
Break even analysis
1. Types of costs
2. Main methods of pricing
3. Break even concept in pricing
Weaknesses of small scale industries
1. Essentials for starting a small scale industry
2. Weaknesses
3. Causes of business failure
4. Reasons for becoming sick
Government facilities
1. Extension services of SIDO
2. Economic information
3. Technical assistance
4. Quality improvement and testing
5. Industrial management and training
6. Development programs: DIC and incentive in backward areas
7. Technical consultancy organization
8. Excise exemption concession
9. Entrepreneurial development program
10. Ancillary development and sub- contracting exchanges
11. Modernization programs
12. Government store purchase program
13. Reservation of items for production
14. National Small Industries Corporation
15. Financial assistance
Conclusion and suggestions
Bibliography

Abstract

small scale industry is widely recognized as a powerful instrument for socioeconomic growth and balanced sectoral development. One of the distinctive characteristics of small scale sector is that the development of these industries would create broader employment opportunities assisting entrepreneurship and skills development and ensure better use of scarce financial resources and appropriate technology. Furthermore, they can play a main role in achievement of national economy and sociopolitical objectives, the gestation period is very short and they need small amount of capital to start. I also help in the dissemination of production capacity unlike the large scale industries which tend to concentrate in a few hands. This apart, establishment of such industries in rural areas and small towns helps to check the influx of population into bigger towns. A rewarding feature of economic development in India has been the impressive growth of modern small scale industries. The small enterprises have by now established their competence to manufacture a wide variety of sophisticated goods in different product lines requiring a high degree of skill and precision.