Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
PRESENTED BY :-
Prakash Sharma
PGDM/ MBA, 2nd Sem.
IMM, New Delhi
DEFINITION OF SMALL
INDUSTRIES
Year 1950
Size of Gross Investment in fixed assets in plant and
machinery, land, building etc. (not exceeding Rs. 5 lakhs and
strength of workforce (employment less than 50 workers / day
using power or less than 100 workers / day without use of
power).
“Eligibility criteria based on investment in Machinery and
Equipment only.”
SSI – THE MOST VIBRANT &
POTENTIAL GROWTH SEGMENT
A recent World Bank Report states: “There is now widespread
recognition within India that vibrant SMEs are potentially a
key engine of economic growth, job creation and greater
economic prosperity”.
Are best suited for countries like India, China and most of the developing world
having abundant supply of low-cost manpower and bountiful natural resources
Have provided seed bed for Enterprise Development in the country
Technology 14.60%
FUTURE ASPECTS OF SSI
To facilitate growth of this sector with changing economic
scenario
To facilitate growth within the framework of social and
economic policy of the country
To encourage technology modernization
To promote entrepreneurship among technically qualified
persons
To improve product standards
To create opportunities for in house R&D
To provide greater export thrust
OPPORTUNITIES FOR SSI
HEALTH TECHNOLOGY INFORMATION TECHNOLOGY
Personal Health Care Media & Entertainment
Preventive Health Care
Contents,
Yoga & Naturopathy
Animation,
Herbal Therapies
Games,
Environmental Health
Food Supplements Gaming.
Food, Inspection and Testing
etc.
Medical Waste Management
Hospital Supplies & Staffing
Services
Contd….
FASHION TECHNOLOGY DESIGN TECHNOLOGY
• Interiors - (Furniture & Furnishing
Personal Embellishment (Face, – homes, work places, community,
Hair, Hands, Feet, Cosmetics, hospitals, schools, shopping places,
Perfumes etc.) recreation, sports)
Glamour & Limelight • Exteriors - (Architectural)
Creative • Dies and tools
Fashion Accessories (purses, bags, • Watches
carryon, watches etc.) • Jewellery
• Hospital equipments
INDIA: ECONOMIC ENABLERS FOR SSI
10thlargest economy in the world - 4th in terms of PPP
Will overtake Japan in PPP terms by 2010, to be 3rd largest
in the world
Large entrepreneurial base and diversified manufacturing
structure
Large reservoir of skilled labour at internationally
competitive cost
Vast pool of scientifically and technically qualified
manpower of 20m
A large domestic market - 300 m + strong middle class
population
having substantial purchasing power
Largest democratic set - up
A broad based and transparent legal framework including
arbitration
CONTD…..
Vast network of bank branches, financial institutions and
well-organized
capital and money markets
A network of technical and management institutes of
highest
International standards for development of human
resources
India has a record of meeting its international financial
obligations as
Per schedule and has never been a defaulter
No communication barrier, as English is the most prevalent
business Language
Strong and vibrant small scale sector that is keen to
establish
Strategic alliances with their foreign counterparts
CONCLUSIONS
It can be seen that the policy framework is consistent since independence
The specific definition for medium enterprises augurs well for graduation
of micro enterprises to small and small enterprises to medium enterprises