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| UP Institute for Small Scale Industries (Photo credit: Wikipedia) |
SSI- A socio-economic change
agent
An industrial undertaking in which the investment in fixed assets in
plant and machinery whether held on ownership terms on lease or on hire
purchase does not exceed Rs 10 million
Examples - Khadi and
handloom, sericulture, handicrafts, village industries, coir
Institutes Supporting SSI
ü National Small Industries
Corporation (NSIC)
ü Micro, Small and Medium
Enterprises (MSME)
ü Small Industries Service
Institute (SISI)
SWOT Analysis
STRENGTH
ü Large human resource base
ü Socio-economic development
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| SWOT analysis diagram in English language. Français : Matrice SWOT en anglais. (Photo credit: Wikipedia) |
WEAKNESS
ü Lack of ‘know-how’
ü Low marketing
ü Inadequate credit facilities
OPPORTUNITIES
ü Large expansion possibilities
ü Niche marketing
ü Use of shopping mall (spice mall)
THREAT
ü High competition from retail
sector
ü Increasing cost of raw material
and transportation
ü Migration of labor
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