| The role of small scale industries in terms of growth, production and export is quite appreciable. The industrial policy resolution of 1948 and 1977 have emphasized on the development of SSI sector. The government promoted to SSI sector during post independence period. However, the globalization policy has posed some challenges before SSI sector. Though the government has been attempting with various policy measures, the efforts seem to be inadequate. The tough competition in the both domestic and international market is very stiff. So there is an urgent need to strengthen the SSI sector in India. The small scale industries also need to resort to modernization. |