Small Scale and Cottage Industries Essay - 4450 Words.

Large scale industries, usually, produce capital and basic goods (instruments, machines, chemicals, etc.) They are capable of generating funds for the research and development of new technologies. Due to the large scale of operations, they have the potential to lower the cost of goods. Further, they create opportunities for small-scale and.

SMALL SCALE INDUSTRY INTRODUCTION The definition for small-scale industrial undertakings has changed over time. Initially they were classified into two categories- those using power with less than 50 employees and those not using power with the employee strength being more than 50 but less than 100.

Cottage and small-scale industries are labor-intensive and provide employment to 80% of the industrial labor force. This reduces the unemployment and offers opportunities for self-employment. Traditionally, women are not encouraged to work outside their homes.

Small scale manufacturing industries and cottage industries play a very important role in the economic development of India. If any amount of capital is invested in small scale industries it will help in reducing unemployment in India and increasing self-employment.

A cottage industry is small scale production of value that occurs in the home. The following are illustrative examples. Manufacturing Historically, cottage industry was a system of subcontracting manufacturing work to families. This was common before the industrial revolution as a means to produce textiles, clothing, furniture and housewares.

Small scale industries are sometimes called cottage industries, referring to the traditional locations in which they were housed. The advantages and disadvantages of small scale industries are detailed below. Advantages of small scale industries. 1.

Small-scale industry takes place at the low end of the business spectrum, where companies and the revenues they generate are small. The very smallest of all are referred to as cottage industries, with production work actually taking place in your home.

The industry, which is generally run at home, is known as 'cottage industry'. Such industries are normally found in villages in a small scale. They provide bread to many poor workers who may not be fairly educated, but technically skilled in some particular trade. Such workers are both men and women.

As with small-scale enterprises, large businesses can be classified as such based on the number of employees, annual revenue and the industry in which they operate. Although there is no official definition of a large business, simply use the cutoff for small businesses as a measuring stick.

Essays on Cottage Industries. Cottage Industries Search. Search Results. Cottage Industries The industry, which is generally run at home, is known as 'cottage industry'. Such industries are normally found in villages in a small scale.. the small scale cottage industries can be an alternative for big industries and assuring wealth production.

Cottage and small scale industries provide employment during the off agricultural season and other time also. 3. Utilization of local resources: Various types of raw materials are found in different parts of the country. The local raw materials like stone, woods, herbs bamboos, etc. can be used by establishing cottage and small scale industries.

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