SMALL SCALE INDUSTRIES IN INDIA: PROSPECTS AND CHALLENGES

Small Scale Industries (SSI) consist entrepreneurs who all are engaged in production, manufacturing or service at micro level. Small industries have been playing a major role in India's economic and social development in the post-independence era. Small scale industries are fundamental to a developing economy with its effective, efficient, flexible and innovative entrepreneurial spirit. SSI units across the world have been approved on the basis of promoters of economic growth and indicative of promoting equitable development. SSI's contribution to the Indian economy in terms of job creation opportunities, reducing regional imbalances, promoting inter-regional linkages, increasing exports and promoting equal economic growth potential has been quite amazing. The sector ranges from traditional to high technology through over 6000 products, comprising over 36 million units across the country, employing over 80 million individuals. SSI helps in the growth of industrial development of the country. This paper attempts to discuss the role of small scale industries in developing the economy and explores various problems faced by it.

Brief Case Study of PMMY Scheme in Karnataka

Small industries and start ups play an important role in raising the standard of living of our people, especially in rural areas of India. With the right support and resources, these MSMEs can add value to our country's economic condition. The current government has introduced various policies to encourage these MSMEs, namely MUDRA (Micro Unit Development and Refinancing Authority) which is another important step to ensure that these MSMEs . Mudra encourages people to become entrepreneurs and improve their livelihoods. This has enough money to finance these units. The paper highlights various small industries related to MUDRA and how MUDRA has helped increase their performance over the past three years in Karnataka. Keywords: MUDRA, GDP, MSMES GOI

Building Innovation Capabilities on Collaboration and Market Orientation for Improving Marketing Performance of Wood Furniture Craft

This research aims to test the direct influence of market orientation and innovation capabilities collaboration, with relationship marketing orientation and excellence as mediating variables, on the marketing performance of the micro industry of wood furniture handicrafts. The data was collected using questionnaires submitted by 242 people, and the analysis was carried out using SmartPLS software. The significant impact of collaborative innovation ability and relational marketing orientation on market orientation was shown to have no effect on competitive advantage. The innovation capabilities of collaborating are known to have no significant impact on marketing performance. Competitive advantage has a relationship with marketing performance, and relational marketing orientation has a significant impact on the ability of collaborative innovation. It was also found that relationship marketing orientation has a significant effect on marketing performance. This study is related to improving the marketing performance of the micro industry of wood furniture handicrafts, which has a limited scope, so the results of this study can't be generalized. It was also difficult to determine if there was any bias from the respondents. The marketing orientation of relationships and competitive advantages have contributed significantly to marketing performance. The wood furniture handicraft micro industry must improve collaboration capabilities with dealers and customers and use this as a strategic component to improve the marketing performance of the woodcraft industry. The novelty of this research is related to the capability of collaboration innovation, which is able to improve the marketing performance of small industries.

GEOGRAPHIC INFORMATION SYSTEMS OF SMALL INDUSTRY DEVELOPMENT DURING PANDEMIC

During the pandemic it caused disruption in all fields, including Small Industries. One of them is small Industries in the city of Jayapura experienced taking down of sales during the pandemi. Industry fields gave helping for small industry in Jayapura as improvement and stability to improve Small Industries during this pandemic. The Department of Industry, Trade, Cooperatives and SMEs only has information data from Small Industry Assistance and there is no development data, especially during the pandemic, development level data is needed to view and store data from observations. Therefore it is necessary to have a geographic information system to collect and provide information to small industries regarding the level of development, using the PIECES analysis method, designing using the Unified Modeling Language (UML) method, using the waterfall development method and the software used is QGIS. This research produced a Geographic Information System for the Development of Small Industries in the Pandemic as information for small industries in North Jayapura.

Peningkatan Kemampuan Pembukuan Pada Ukm Bakmi Pak Gembong

One of the characteristics of small industries is that they still face many obstacles, both in terms of production and business management. The production aspect includes technology/equipment, production continuity, quality uniformity, packing, labeling, etc., while in the business management aspect there is not much support for promotions, marketing development strategies, and limited distribution and bookkeeping of business results. The same thing happened to Bakmi Pak Gembong who was in Rejosari Village, East Semarang District. Where Pak Gembong's Bakmi Business is still a small-scale industry that also has problems in terms of management, especially in terms of recording the results of its business. To overcome these problems, Community Service activities were carried out by providing counseling about the importance of recording all matters relating to the operation of a business. The expected outcome of this Community Service activity is that SME actors have an understanding of the importance of recording their business on a regular basis and the benefits derived from recording business operations on a regular basis.

FDI - A GREAT OPPORTUNITY FOR INDIAN ECONOMY

Foreign Direct Investment provides maximum benefits to developing countries, it helps to boost the economy development , generate employment opportunities , also help to provide professional skills , better customer services and also increases government revenue , FDI results in maximum benefit for the targeted country then the foreign invest , even during this pandemic situation , India is the only country that has achieved maximum benefit from FDI , China , Japan and Saudi Arabia also have achieved benefits from FDI in 2020. FDI investment in 2020 was mostly from Singapore and United States , there are many countries which invest in India , it is the largest beneficiary in South Asia , and third ranks in the international market , Maximum countries want to invest in India , India is growing very fast with FDI . However there are a few advantages also of FDI in India , it is disadvantage for the small industries to cope with high MNCs and also there are times when it might result in exchange crisis and many other . FDI in India will be amplified in the upcoming years. Keywords: FDI, developing countries, employment, India, beneficiary, investment, international market

EXPORT OF INDONESIAN MSEs AND THE ROLE OF PARTNERSHIP

There have been many theoretical and empirical studies on the main factors `determining the ability of micro and small enterprises (MSEs) in developing countries to export. However, so far, there has been very little attention to the role of partnerships between MSEs and large enterprises (LEs), government agencies, banks, or others. The purpose of this study is to fill this gap in the existing literature with the case of MSEs in the manufacturing industry (called micro and small industries or MSIs) in Indonesia. It is a descriptive study that analyses secondary data from a national survey conducted by the Indonesia Central Statistics Agency in 2019. It reveals that the most common form of partnership is marketing partnership. The finding may suggest that MSIs that have partnerships with LEs or others are more able to export than their counterparts without partnerships.Keywords: : MSMEs, MSEs, MSIs, PartnershipJEL: M31, L25, D22

Rizki Arif Putra

At a time when banking is facing difficulties to make the debtor which is not problematic, UMK became an alternative credit channeling of banking. There is little industry in the city of Medan have a very strategic role, both in the Equalization of opportunities, equitable spread of the Interest of the industry that supports the development, employment equity, and aims to form indentations the Community industry is small, independent, tough, and developed into a major industry. This research aims to analyze the role of the Service industry and are experts in developing small industries in the city of Medan. This research uses descriptive qualitative approach method. Results of the study showed a number of productive activities performed by the Department of industry and experts and the weakness of the perpetrators of the small and medium industries to expand the network of ekternal.

Is Industry Size a Carrier for Wage Inequality? A Panel Study Addressing Independent Variables of Inherently Different Sizes across Units

We address how independent variables of inherently different sizes across units, e.g., small vs. large industries, in panel regression is an advantage interpretively. Analyzing a Norwegian industry panel, we find that wage inequality is a function of industry size, particularly size increase, in an absolute number of firms. A possible reason is that specialized skilled employees negotiate higher wages when there are many legal entities. The findings can also imply that wage inequality is more sensitive to random change, particularly an increase, in large rather than small industries. We conclude that particularly large industries are positive carriers of wage inequality and discuss potential underlying causal mechanisms such as monopolistic competition.