Development of Small Scale Industries in Chittoor District
Small Scale Industries
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The concept and definition of SSI units small-scale industry have changed over year with the changing circumstances and pressing problems of the Indian economy. Various institutions, government agencies, individuals had defined small-scale industries in different ways. They may be classified3. They may be classified3 into a) functional definitions that are based on the product methods or the nature of marked served as the demarcating factors and b) the definitions that gave importance to the size of employment and/or investment of the units. On the basis of first category definition of functio...
The concept and definition of SSI units small-scale industry have changed over year with the changing circumstances and pressing problems of the Indian economy. Various institutions, government agencies, individuals had defined small-scale industries in different ways. They may be classified3. They may be classified3 into a) functional definitions that are based on the product methods or the nature of marked served as the demarcating factors and b) the definitions that gave importance to the size of employment and/or investment of the units. On the basis of first category definition of functional classification Nanjundan analyzed the concept of small industry in terms of its basic characteristics3 like little specialization in management, close personal contact, handicaps in obtaining capital and credit and no dominant in the market4.
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