A Study on Challenges of Small-Scale Industries in India

Abstract

A form of art that demonstrates skills of artisans in the form of metal and pottery can be termed as ‘craftwork’. Also referred to as crafts, it could also include work that can be done on flower, paper, leather, fiber to name a few. In a developing country like India, this finds its presence as a Small Sector Industry (SSI herewith). In the last seven and a half decades of independence, this sector has seen its share of ups and downs and managed to weather many challenges. Two most challenging areas has always been the rise in population and consequently unemployment. The purpose of this article is to provide readers with a better understanding of the SSI industry by outlining its features, difficulties, and possibilities for development and improvement. We believe that stakeholders, legislators, and entrepreneurs will find our work useful in their pursuit of launching and growing successful businesses in the modern day.