The small-scale sector has emerged as a dynamic and vibrant
sector of Indian Economy.
The Sector contributes 40% of the industrial production, 35% of the total
exports and employs about 167 lakh persons in about 30 lakh SSI units in the
country. The sector acts as a "nursery" for the development of
entrepreneurial talent. This sector which manufactures a wide range of more than
7500 products, supplies the lower income groups with inexpensive consumer goods
and services. Due to its flexibility, the sector is better able to weather
downturns in the country.
The sector is ideally poised to attract both technology and
funds to generate rapid growth and sustained process of technology upgradation
and quality improvement in future.
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