Small-scale industries in India in the globalisation era: performance and prospects

M.H. Bala Subrahmanya
Authors registered in the RePEc Author Service: Bala Subrahmanya Mungila Hillemane

International Journal of Management and Enterprise Development, 2005, vol. 2, issue 1, 122-139

Abstract: Small-scale industries occupy a place of strategic importance in Indian economy in view of its considerable contribution to employment, production and exports. However, since 1991 small-scale industries in India find themselves in an intensely competitive environment due to globalisation, domestic economic liberalisation and dilution of sector specific protective measures. This paper probes the implications of globalisation and domestic economic liberalisation for small-scale industries and analyses its growth performance in terms of units, employment, output and exports. The paper concludes with policy recommendations to ensure the sustenance and competitive growth of small-scale industries in India.

Keywords: small-scale industries; policy; globalisation; India; innovation; employment; exports; production; clusters; competitiveness; domestic economic liberalisation; growth performance. (search for similar items in EconPapers)
Date: 2005
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