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The Indian Economy Since 1991, 2nd Edition by B. A. Prakash

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26

Growth of Small-Scale Industries with Reference to Post-Reform Period: Trends, Issues and Concerns

V. R. Prabhakaran Nair

26.1 Introduction

Small-scale industries (SSIs) also include cottage industries, which constituted the major components in the organic structure and culture of the people, from the known history of India. These sectors made progress with their unique products, till the advent of the British economic power in India. However, the demand for the products of small-scale enterprises was affected adversely, since they could not compete with the products of the British industries produced with the least cost factors of production. However, after independence, the Government of India realized that the SSIs provide means of livelihood, ...

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