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What is Small-Scale Industries in India: Overview about?

Small-scale and cottage industries play an important role in the Indian economy due to their employment potential and contributions to industrial output and exports. They are defined based on their fixed investment in plant and machinery. Small-scale industries employ hired labor while cottage industries primarily use family labor. The government has taken steps to promote small industries but they now face both internal and external competition. Their objectives include creating employment, reducing region

Author

ammuajay

Language

EN