________ of technology is one of the major issues of SSI unit
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Lack of technology is one of the major issues of a SSI unit.
- Small-scale industries (SSI) are those industries in which small-scale or micro-scale manufacturing, supply of services, manufacturing is conducted.
- For example - Chalk production, toys manufacture, honey processing, detergent making etc,
- These industries generally lack the technological and marketing support, shortage of raw material, poor utilization of capacity, financing issues etc.
- A lack of technology is a prime concern in SSI unit, as it reduces both efficiency and effectiveness. The use of more manual labour also causes redundancy and time gaps.
- The inability to switch to technological innovations also hamper the growth of new innovative products.
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