education

1. SHIKHA DESHPANDE

2. Business is classified into two sectors
Manufacturing sector
Services sector

3. Classification of Business [ MSMED ]

4. Classification of Small Scale Industries
Traditional Small Scale Industries Modern Small Scale Industries
1)Hand-loom 1) Bicycle Parts
2)Handicraft 2) Sewing Machines
3)Coir 3) Blades, Razors
4)Sericulture 4) Electric Appliances
5)Khadi and Village Industries 5) Spare Parts

6. Job Opportunities
Increase Competitive Strength
Maximum Use of Natural
Resources
Reduces Migrations
Support to Large Scale
Industries
Developing New Entrepreneurs
IMPORTANCE

7. ADVANTAGES
Large Employment
Opportunities for
Entrepreneurship
Contribution to Export
Increases Industrial
Output
Earning Foreign
Exchange

8. CHALLENGES BEFORE SMALL SCALE
INDUSTRIES
Old Methods of Production
Inadequate Finance
Problem of Raw Material
Labour Problem
Marketing Problem
Problem of Transport
Global Competition