Problems and Prospects of Indian Small Scale Entrepreneurship

The Small-Scale Industries (SSI) are contributing less than the potential.Study focuses on the areas of concern to find out ways for the growth of SSI, For the study primary as well as secondary data were collected. In the selection of the sample units, a two stage stratified simple random sampling technique was adopted. As such 50 Small Scale Industry promoters from each district, totally 500, were contacted with the structured questionnaire. The collected data have been tabulated and analyzed using Percentage, Mean, Chi-squire test, Factor Analysis, Henry Garrett's Ranking, Likert's Scale, and Multiple Regression Analysis. Promotional measures and training to entrepreneurs can go a long way to solve the various problems faced by them. Study recommends that the regulator should urgently address the issue of poor electricity supply as well as consider other suggestions also to rejuvenate SSI development.Outcome from the study will guide the new small business promoters, existing small industries, and the Government to achieve satisfactory performance by SSI in economic development of the State and the Country.

Autorentext

Dr.B.Adhinarayanan. Professor and Head, MBA, Paavai Engineering College. Having qualified MBA., M.Phil., and completed his Doctorate in Management studies from Anna University. 15 plus years of experience comprising both industry and academic published 5 articles in international journals in addition to more than 20 seminars, and conferences.