After reading this article you will learn about the role of important institutions in the development of small industries. National Small Industries Corporation: This Corporation was established in 1955 with a capital of Rs. 10 lakhs, subsequently raised to Rs. 50 lakhs, entirely subscribed by the Central Government. Objectives: (a) To secure a reasonable share of Government orders for small-scale [...]
In this article we will discuss about the concept of industrial value chain, explained with the help of a diagram. The technological environment is fast changing all over the world due to competition. There is, thus, a need to find improved solutions to problems. These changes demand increased emphasis on activities like quality, material utilisation, machine availability and use in [...]
After reading this article you will learn about the various stages in the evolution of industry. Since the early middle ages there were not many kinds of industries, because the needs of the people were limited. They were only interested in meeting the basic necessities of life such as food, clothing and housing. The people were not much literate and [...]