Chapter – VIII GLOBALISATION AND INDIAN SMALL SCALE INDUSTRIAL SECTOR Globalisation means gradual integration of economies through free movement of goods‚ services and capital which has significant impact on the economies of both developed and developing countries. Therefore‚ globalisation refers to a process of growing economic interdependence among different countries of the world. Thus‚ in the globalised era‚ the whole world is changing into a global village in the sense that economic activities
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SMALL SCALE TEXTILE INDUSTRY ABSTRACT India is the world’s second largest producer of textiles and garments after China. It is the world’s third largest producer of cotton—after China and the USA—and the second largest cotton consumer after China. The Indian textile industry is as diverse and complex as country itself and it combines with equal equanimity this immense diversity into a cohesive whole. The fundamental strength of this industry flows from its strong production base of wide range
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SMALL SCALE & COTTAGE INDUSTRIES (Their role‚ problems & prospects in India) (AN OVERVIEW) Small scale industries Definition The definition of small scale industries have changed from time to time. Earlier they were classified under two categories: * Using power with less than 50 employees. * Using no power‚ but strength of employees is more than 50‚ less than 100. However according to the latest definition a industry is said to be a small scale industry
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Article: Information technology: a growth navigator for small scale industries in India Small scale industries (SSI) have a significant role in the Indian economy in view of its contribution to production‚ employment‚ and export. However‚ since 1991 small scale industries in India find themselves in an intensely competitive environment due to globalization‚ domestic economic liberalization‚ and dilution of sector specific protective measures. The formation of World Trade Organization in 1995 also
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On Growth and Problem of small scale sectors Submitted To : | DR . S. Gupta | Submitted by : | Abdul Hamid | Small-Scale Industries of India Introduction The industrial policy Resolution of 1956‚ while emphasizing the role of cottage and small scale industries‚ stated: They provide immediate large scale employment‚ they offer a method of ensuring a more equitable distribution of National
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Pricing Strategies of Small Scale Industries With Reference to Mid Western Development Region of Nepal 1. General Introduction 1.1 Pricing Strategies In general terms price is a component of an exchange or transaction that takes place between two parties and refers to what must be given up by one party (i.e.‚ buyer) in order to obtain something offered by another party (i.e.‚ seller). Yet this view of price provides a somewhat limited explanation of what price means to participants in the transaction
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SMALL SCALE BUSINESS MANAGEMENT This programme comprises modules for learners who intend to start small businesses‚ or are already running some. They may choose those modules that are of interest to them‚ or do the entire programme. The courses enable learners to run businesses successfully and be able to source funds from financial institutions. Programme components There are a total of 10 modules‚ each divided into two topics. Learners who are interested in doing the entire programme leading
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209 CHAPTER – V PROBLEMS FACED BY SMALL SCALE INDUSTRIES The development of small-scale industries is hampered by a diversity of problems. There are certain problems common to all types of cottage and small scale industrial units. In this context‚ the present chapter is devoted to a detailed study of the problems of the small-scale industrial sector. It also seeks to suggest remedial measures. The basic requirement for the industrial development of a region is the presence of entrepreneurship
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TABLE OF CONTENTS Pages 1. Execute Summary............................................................................. 1-3 2. Organization & Management structure........................................... 4 3. Operational Plan ............................................................................. 5 4. Market Plan..................................................................................... 6-11 5. Financial Structure.............
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economic reforms and globalization. 9) Other problems. Marketing problems of small scale industries Small scale units are exposed to numerous problems. Major problems faced by these units are concerning raw-material‚ labor financial and marketing. Problem of marketing is more complicated in case of small scale industries. These units are in no position to face the onslaught of large scale limits w.r.t.‚ quantity quality and cost and at the same time are not in a position to assess the prevailing
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