small scale industries compared to large scale industries have been facing various problem . may think that they are on the verge of extinction . what are your opinion regarding the same . give reason
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The statement that "small scale industries compared to large scale industries have been facing various problems", is absolutely true in my opinion. This is because they do not have enough capital or infrastructure to support their business. Big industries produce goods on a large scale and that is why the cost of their goods is actually low than that of the small scale industries. With that they also have a good quality of goods . People like to buy cheap goods as that saves them money. This is why the large scale Industries are more developed in comparison to small scale industries.
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