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  • Strategies To Improve The Small Scale Business: Pradhyuman Singh MBA (PM) 09MBAPMG006 Fhmsiasm (Shiats)

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    1) The document discusses strategies to improve small scale businesses in India. Small scale businesses are defined as those with under 5 crore investment. 2) It notes that 56% of small businesses fail within the first four years, highlighting the need for improvement strategies. Such strategies include selecting educated management, risk management, targeting markets, and identifying causes of failure. 3) The role of the government is also discussed, including providing financial subsidies and schemes to support small businesses. Small industries play an important role in the Indian economy through job creation, revenue, and exports.

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    1) The document discusses strategies to improve small scale businesses in India. Small scale businesses are defined as those with under 5 crore investment. 2) It notes that 56% of small businesses fail within the first four years, highlighting the need for improvement strategies. Such strategies include selecting educated management, risk management, targeting markets, and identifying causes of failure. 3) The role of the government is also discussed, including providing financial subsidies and schemes to support small businesses. Small industries play an important role in the Indian economy through job creation, revenue, and exports.

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    13 views12 pages

    Strategies To Improve The Small Scale Business: Pradhyuman Singh MBA (PM) 09MBAPMG006 Fhmsiasm (Shiats)

    Uploaded by

    Pradhyuman S Lakhawat
    1) The document discusses strategies to improve small scale businesses in India. Small scale businesses are defined as those with under 5 crore investment. 2) It notes that 56% of small businesses fail within the first four years, highlighting the need for improvement strategies. Such strategies include selecting educated management, risk management, targeting markets, and identifying causes of failure. 3) The role of the government is also discussed, including providing financial subsidies and schemes to support small businesses. Small industries play an important role in the Indian economy through job creation, revenue, and exports.

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    of 12

    STRATEGIES TO IMPROVE THE

    SMALL SCALE BUSINESS

    PRADHYUMAN SINGH
    MBA (PM) 09MBAPMG006
    FHMSIASM
    Powerpoint (SHIATS)
    Templates
    Page 1
    What is small scale business/ industries

    “The local business practices are known as small scale business”

    “Industry which have under 100 lakhs investment on


    infrastructure,production, Labor, and transportation”
    ……….Min. SSI India 1997

    “Now this limitation will increased till 5 crore”

    ….. Min SSI 2009

    Powerpoint Templates
    Page 2
    Needs for making strategies
    According to the MSSI repot the 56% of small scale businesses
    fail within the First four years of their starting.

    1 To maintain focus on market and customers

    2 To maintain social network

    3 To keep balance in financial funds

    4 To identify the competitors


    Powerpoint Templates
    Page 3
    Continue..

    5 To understanding the risk

    6 Demand accountability

    7 For technical assistance

    8 To understand regional economic trend

    9 To avoided the some problems like labor


    shortage, physical facilities, and raw material
    problems

    Powerpoint Templates
    Page 4
    Strategies to improve the SSB

    1 Selection of well educated persons for management

    2 Risk management strategies

    3 Using new techniques in traditional working methods

    4 Providing good physical facilities to labor

    5 identification of the target market

    Powerpoint Templates
    Page 5
    Continue…

    6 Transportation facilities

    7 Making strategies to avoid the occupational


    hazards, industrial accidents

    8 Identify and assess the causes of small


    business failure

    9 Using ethical norms in business

    Powerpoint Templates
    Page 6
    Role of government in improvement of SSI

    1. Financial subsidies

    2. Governmental policies

     Scheme of fund for regeneration of traditional industries

     Rajeev gandhi udhyami mitra yojana

     Pradhanmantri gram swarojgar yojana

     SIDBI Policies
    Powerpoint Templates
    Page 7
    Role of small scale industry in Indian economy

    1 Provide employment

    2 Increase revenue

    3 Economic growth

    4 Addition in export market

    5 Increase the GDI of country

    6 Improve the life standard of rural population

    Powerpoint Templates
    Page 8
    Small business sectors in India
    1 Pharmaceutical sectors

    2 Agriculture based small industries

    3 Food and allied industries

    4 Silk and man made fiber industries

    5 Rubber industries

    6 Plastic product industries

    7 Lather industries
    Powerpoint Templates
    Page 9
    SSI in Pharmaceutical sector
    1 8000 small pharma based industries

    2 Help in reduce the extra burden on big firms so they take


    concentration on research and development and discovery
    of new drugs

    3 Source of income of foreign currency

    4 Helpful in the making good relation with the other countries

    5 Help in saving the life of peoples during critical times

    6 Human welfare in ethical way


    Powerpoint Templates
    Page 10
    Conclusion

    The small-scale industries sector plays a vital role in


    the growth of the country. It contributes almost 40%
    of the gross industrial value added in the Indian
    economy so its improvement is necessary and
    pharmaceutical industries also helps in the growth of
    the country. And SSI Sector in India creates largest
    employment opportunities for the Indian populace.

    Powerpoint Templates
    Page 11
    STOP CHILD LABOUR

    Powerpoint Templates
    Page 12

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