Question

Importance of small scale industries in indian economy

Answer 1

Answer:

Small scale industries are important for Indian economy because it helps in increasing employment and economic development of India. It improves the growth of the country by increasing urban and rural growth. Small scale manufacturing industries and cottage industries play a very important role in the economic development of India.

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Answer 2

Answer:

Develops Entrepreneurship Small scale industries play an important role for the development of Indian economy in many ways. About 60 to 70 percent of the total innovations in India comes from the SSIs.

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