SSI- Small Scale Industries

Small Scale Industries (SSI) have played a vital role in strengthening the industrial structure of the country. They facilitate the tapping of resources for productive purposes with minimum amount of capital investment. SSI have contributed greatly in bringing down regional imbalance; generating employment opportunities, output, and exports, fostering entrepreneurship and in accelerating economic development.

Some characteristics of SSI are :-

• Low capital investment
• Owned by one or more people
• Unskilled or semi skilled workers
• Low margin and high competition