Volume : III, Issue : VIII, August - 2013

Importance of Small Scale Industries in the Economic Development of India

Subrahmanya K C, Pavan K U

Abstract :

It is no doubt that India witnessed phenomenal economic development in the past two decades. It is also amply clear that this growth was fuelled by enormous growth of SSI. The small–scale industries sector plays a vital role in the growth of the country. It contributes almost 40% of the gross industrial value added in the Indian economy. SSI Sector in India creates largest employment opportunities for the Indian populace, next only to Agriculture. The small scale industries sector contributes significantly to the manufacturing output, employment and exports of the country. It is estimated that in terms of value, the sector accounts for about 45% of the manufacturing output and 40% of the total exports of the country

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Subrahmanya K C, Pavan K U Importance of Small Scale Industries in the Economic Development of India Indian Journal of Applied Research, Vol.III, Issue.VIII August 2013

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