Small scale industries in Ghaziabad

During the decades of designed development, there has been an awe-inspiring progress of large scale industries, but India still remains essentially a country of village and small industries. In ancient India, there used to be several people who were producing varieties of goods and selling them. That profession was providing them the means of livelihood.

Small scale industries require less investment and small number of human resource. Goods that are not produced by large scale industries can be manufactured by the small scale units. Small scale industries use power and modern techniques. They have a great capacity to generate a large volume of employment. In India, capital is scarce, but cheap labour is abundantly available. Unemployment, underemployment and seasonal unemployment are aggressive on a mass scale. The employment capacity of small industries being around eight times that of the large industries, they can substantially help in solving all these problems. The Small Scale Industry today constitutes a very important segment of the Indian economy. The development of this sector came about primarily due to the vision of Mr. Jawaharlal Nehru who sought to develop basic industry and have a supporting sector in the form of small scale industries. The most important change which small scale industries will help in is that they can bring awakening among the people. Another important advantage of developing small units is that they do not require much foreign exchange earnings of the country. Small industry sector has performed exceedingly well and enabled our country to achieve a wide measure of industrial growth and diversification.

There are various places in India where the small scale industries have flourished and some are on the burgeoning stage. Ghaziabad is one of the growing districts where there is a large scope of small scale industries in the near future. It is called an Industrial hub of UP. It is also called gateway of UP. The size of the total SSI sector is estimated to be over one Crore (1,05,21,190). About 42.26 % of these units were SSIs. The number of ancillaries among SSIs was 2.98 %. About 47.22 % of the units were located in Uttar Pradesh, Andhra Pradesh, Maharashtra, Madhya Pradesh and Tamil Nadu.

It may be said that the outlook is positive, indeed promising. The medley in production systems and demand structures will ensure long term concurrence of many layers of demand for consumer, products, technologies, processes, systems etc. This characteristic of the Indian economy will allow complementary existence for various diverse types of units. This is an opportune time to set up projects at the place like Ghaziabad.

business platform helping small scale manufacturer

Online business is a business which is conducted primarily on the internet. A website is not an online business and it is also not a job. There may be risk involved, but it’s all about how one perceives it. There are number of people in the world who make money on the Internet, either as a full time online business, or part time business. It gives people the opportunity, with very low risk and very low financial commitment, to build their own income-generating asset and acquire great wealth.

Small-scale industries do not progress satisfactorily due to many problems they face while running industries. In spite of having huge potentialities, the major problems, small industries face are problem of skilled human resource, inadequate credit assistance, absence of organised marketing, lack of machinery and equipment, absence of adequate infrastructure, competition from large-scale units etc. Due to these and some other problems, the development of small-scale industries could not reach a distinguished stage.

Since the launch of Internet, person’s life has been moved into a new era. It is connecting the world very closely. Online business works for you 24/7. You do not need to go outside to meet your customers. In fact, you are able to meet thousands of them at the same time. Online business saves your money, time, manpower, effort. You can work at any time and place. At the same time, small scale manufacturers save their money from renting a high cost office and purchasing the infrastructure for their office.

Online business is becoming increasingly popular among entrepreneurs in today’s world. It is an astonishing means of allowing professionals to form relationships, burgeon their businesses, tap into resources, prosper business skills and brand themselves within their industry or profession. Entrepreneurs can network in their work, clubs, institutions, organizations, associations and now online. Online business proves to be just as adequate as regular networking. It adds several benefits for professional and social success.

Online business is an excellent mode that entrepreneurs should consider investing in for developing their businesses. In the age of competition, and market conditions being so unstable, it is really not possible for small scale manufacturers to survive. Apart from the advantages mentioned above of online business which will help small scale industries to be in league, it increases and diversifies network, makes entrepreneurs more accessible to others, shatters time and geographical boundaries, an excellent low-cost marketing tool etc.

The future of online business is unlimited and never ending. It will continue to grow and soon it will be one of the most respected business methods in the world.