During the decades of designed development, there has been an awe-inspiring progress of large scale industries, but India still remains essentially a country of village and small industries. In ancient India, there used to be several people who were producing varieties of goods and selling them. That profession was providing them the means of livelihood.
Small scale industries require less investment and small number of human resource. Goods that are not produced by large scale industries can be manufactured by the small scale units. Small scale industries use power and modern techniques. They have a great capacity to generate a large volume of employment. In India, capital is scarce, but cheap labour is abundantly available. Unemployment, underemployment and seasonal unemployment are aggressive on a mass scale. The employment capacity of small industries being around eight times that of the large industries, they can substantially help in solving all these problems. The Small Scale Industry today constitutes a very important segment of the Indian economy. The development of this sector came about primarily due to the vision of Mr. Jawaharlal Nehru who sought to develop basic industry and have a supporting sector in the form of small scale industries. The most important change which small scale industries will help in is that they can bring awakening among the people. Another important advantage of developing small units is that they do not require much foreign exchange earnings of the country. Small industry sector has performed exceedingly well and enabled our country to achieve a wide measure of industrial growth and diversification.
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There are various places in India where the small scale industries have flourished and some are on the burgeoning stage. Ghaziabad is one of the growing districts where there is a large scope of small scale industries in the near future. It is called an Industrial hub of UP. It is also called gateway of UP. The size of the total SSI sector is estimated to be over one Crore (1,05,21,190). About 42.26 % of these units were SSIs. The number of ancillaries among SSIs was 2.98 %. About 47.22 % of the units were located in Uttar Pradesh, Andhra Pradesh, Maharashtra, Madhya Pradesh and Tamil Nadu.
It may be said that the outlook is positive, indeed promising. The medley in production systems and demand structures will ensure long term concurrence of many layers of demand for consumer, products, technologies, processes, systems etc. This characteristic of the Indian economy will allow complementary existence for various diverse types of units. This is an opportune time to set up projects at the place like Ghaziabad.