Premium Essay

Small and Medium Industry

In: Other Topics

Submitted By pbr27
Words 272
Pages 2
Pickle is one of the very popular items of every Indian house. This is one of the delicious item and the people need it every day. The varieties of pickles in different regions of India have highly export potential and earn considerable foreign exchange. Many people are traditionally expertise in making many types of pickle according to their tastes. In view of its popularity of the products, the unit s engaged in this activity can get good market for the product. The unit can extend their support to the nation by creating more employment generation in the rural area.

India is the land of spices. The country produces at present 2 million tonnes of different varieties of spices and holds first position in the world. It requires the simple grinding and formulation as per the region’s taste and flavors. Any entrepreneurs who have the basic sense of taste and flavor and little bit of market knowledge may be very successful in setting up of this unit.

Manufacturing of Papad is one of the traditional activities in the rural area in the country. Papad is one of the very popular and delicious eatable item. The product is having very good market demand in the country and also in abroad. The activity doesn’t required any machine, however, a good quality of + A29 flour is required and the dough is made and rolled in accordance to the uniform required size without much efforts.
Papad can be prepared with different tastes indifferent region. The activity helps for creation of more employment opportunity in the Country especially for...

Similar Documents

Premium Essay

Barriers to Successful Implementation of Advanced Manufacturing Technologies Within Small and Medium Industries in Kenya

...BARRIERS TO SUCCESSFUL IMPLEMENTATION OF ADVANCED MANUFACTURING TECHNOLOGIES WITHIN SMALL AND MEDIUM INDUSTRIES IN KENYA Jacob Luballo Muyoyo Gangla Department of Computer Studies Kenya Technical Teachers College P.O. Box 44600 Nairobi - (0)20 7120212, 0729994440 ABSTRACT Small and medium scale industries (SMIs) are increasing under pressure to adopt advanced manufacturing technologies (AMTs) to survive or be competitive. Previous studies suggest that AMTs can diffuse in SMIs that adopt new ways of thinking, have a workforce with higher level of skills, a flexible organizational structure and inculcate a new culture in managing, training and planning of the manufacturing technologies. However, in Kenya where SMIs appear slow to adopt AMTs, little work appears to have been done on the ability of SMIs to implement AMTs successfully. An exploratory survey of 60 SMIs suggest the need to rethink implementation of AMTs if they are to obtain strategic benefits of AMTs. In particular, they need to rethink their organic structure and understanding of the technologies, plan their level of skilled workers and engineers, and change their culture. Increasing their competitiveness and organizational flexibility requires a flexible structure, training of the workers to running multiple machines, stopping production when problem occurs, communicating organizational goals, and participating in idea generation and decision making. Further,......

Words: 5773 - Pages: 24

Premium Essay

Industrial Industry In India location for the industries and since it is one of the oldest industrial area of the state it is having well-furnished infrastructural facilities. 6.4.2. The presence of Micro, Small, Medium and Large scale units Sr. No. Category Cumulative figure Number of enterprises Employment generation Investment (Rs. In lakh) Prod. Capacity Mfg. Service Total Mfg. Service Total Mfg. Service Total Mfg. Service Total 1 Micro 2676 677 3353 19717 25344 45061 17375.9 6193.5 23569 90646 25388 116034 2 Small 1075 81 1156 10614 915 11529 20692.2 1009.5 21702 61331 3933 65262 3 Medium 1 0 1 19 0 19 600 0 600 65000 0 65000 Total 3752 758 4510 30350 26259 56609 38668.1 7203 45871 216977 29321 246298...

Words: 942 - Pages: 4

Free Essay

Micro and Small Scale Businesses

...Micro, Small & Medium Industries in Malolos By: Parungao, Patricia Mae Bulatao, Dean Jason Cruz, Juan Paolo Gerardo Trinidad, Angelu Beatriz Submitted to: Mrs. Madonna R. Estacio January 13, 2012 I. Introduction Business is truly a big factor for the success of a State or city. Business helps in building a strong foundation for the triumph of a City. But how about the small industries and medium ones? They can also help in contributing to the city’s finances like the big one do’s? Or they can contribute in some minor ways? How much do they earn in everyday living and negotiating? Are there factors that affect them and their earnings? Do they have a season when their earnings increases or there are seasons when their earnings decreases? What product is their best seller that contributes in their earnings? Does their place is suitable for their business? How many small and medium businesses here in Malolos are earning much, how many are earning right and how many small business are earning low? All of these and other questions will be answer in this brief study about the small and medium industries that runs here at the vicinity of our beloved city, The home of our History, the capital of Bulacan where transformation of Industries happens. The Malolos city of the province in Bulacan. We all know that here in Malolos, many great business are visible. South supermarket, Puregold, The graceland mall, Jollibee, Mcdonalds, Chowking and many more......

Words: 1655 - Pages: 7

Premium Essay


...1) What is entrepreneurship? What are essential traits required to be an entrepreneur? What traits do you have or you don’t have to be an entrepreneuer? An entrepreneur is someone who organizes, manages, and assumes the risks of a business or enterprise. An entrepreneur is an agent of change. Entrepreneurship is the process of discovering new ways of combining resources. When the market value generated by this new combination of resources is greater than the market value these resources can generate elsewhere individually or in some other combination, the entrepreneur makes a profit.  Successful businesspeople have many traits in common with one another. They are confident and optimistic. They are disciplined selfstarters. They are open to any new ideas which cross their path. Here are ten traits of the successful entrepreneur. 1. Disciplined These individuals are focused on making their businesses work, and eliminate any hindrances or distractions to their goals. Successful entrepreneurs are disciplined enough to take steps every day toward the achievement of their objectives. 2. Confidence The entrepreneur does not ask questions about whether they can succeed or whether they are worthy of success. They are confident with the knowledge that they will make their businesses succeed. They exude that confidence in everything they do. 3. Open Minded Entrepreneurs realize that every event and situation is a business opportunity. Ideas are constantly being generated about......

Words: 1175 - Pages: 5

Premium Essay

Managing Uncertainty

...empirical analysis of supply chain risk management in small and medium sized enterprises. International Journal of Production Research, Vol. 49, No. 18, 15 September 2011, 5511 – 5525. Research Classification In the past years, a fairly new research area has emerged on the supply chain management scene and has gained considerable attention from both academics and practitioners: Supply chain risk management. Thun, Druke, and Hoenig set out to empirically investigate, supply chain risk management in small to medium sized companies. By analyzing data from 67 various German automotive manufacturing plants, the authors seek to identify the key drivers of supply chain risk and look at the various methods or instruments of supply chain risk management to determine their suitability by comparing those smaller enterprises with the larger companies. The results are visualized in the probability-impact-matrix distinguishing between internal and external supply chain risks. Statement of Problem The authors sought to answer two main questions: What are key drivers of supply chain risks, and what is their likelihood to occur and their potential impact on the supply chain? and, what are the instruments for dealing with supply chain risks and their impact on performance? These questions gave way to three Hypothesis: H1. Small to medium-sized enterprises regard their supply chain as more vulnerable that large scale companies. H2. Small and medium sized enterprises are affected more......

Words: 778 - Pages: 4

Free Essay

Mas.. Case Analysis

...Market Analysis Summary The market for office cleaning in the Davao City area includes household subdivision, small offices (1-5 employees), medium offices (6-20 employees) and large offices (21 employees and up). In the Kansas City area, businesses with offices are growing as the service sector increases, with a net of 3,000 new businesses established in 2008. Due to the economic renewal occurring in this community, this growth is expected to continue over the next two years. Small offices are targeted as well as large, although margins will be lower due to the increased amount spent on sales and travel relative to medium and large offices, because many small businesses will expand, giving HH chores services a foothold in this market by the time competitors are willing to sell to them. Market Segmentation The market for HH chores services is comprised of small offices, medium offices and large offices in the Davao City area. Household Subdivisions: This group serves as the fundamental market and have the greater demands Small Offices: Either newly established ventures, or small businesses designed to remain small, few cleaning businesses seek to serve this market because of the cost in doing so. Therefore, business owners generally require employees to do their own cleaning, assuming they are saving money through this work. HH chores services must show these businesses not only that they do not save money by having employees do this work, but that by having......

Words: 777 - Pages: 4

Premium Essay

Essay On Industrial Sickness

...affects not only the owners, employees and creditors but also causes wastage of national resources and social unrest. There have been a few attempts to address this issue. However, the need to devise more robust mechanism for dealing with sick MSME units was felt so as to make suitable arrangements for detecting symptoms of industrial sickness at an early stage and take corrective actions to prevent sickness. Key words: MSMEs, industrial sickness, mechanism. Introduction: Economic development of the nation much depends up on the industries. Without industries, economic development of our country is not possible. Economic planning becomes less risky with a strong industrial base. It helps to boost and attract industries in a backward developing economy like India. Especially it is rejoicing to observe that the small scale industrial (SSI) sector has been a prime contributor to the overall growth of the industrial sector in India. Small scale industries sector has emerged as a highly vibrant and dynamic sector of the Indian economy. This is because they provide immediate large-scale employment and have a comparatively smaller market to be economic, they need lower investments. There are 4, 88, 56000 MSME units in India, in which 2, 00, 18000 units are in rural India and 2, 88, 38000 units are in urban India. These units are spread all over the country producing around 6000 products and services. The value of the products which they are producing is Rs. 18.09 crores with......

Words: 1614 - Pages: 7

Free Essay

Prospect of Ship Building Industries in Bangladesh

...BUILDING INDUSTRIES IN BANGLADESH Md. Mahfujul Amin 10364075 Managerial Communication BUS 502 Spring 2011 BRAC UNIVERSITY Prospect of ship building industries in Bangladesh Abstract: Bangladesh has a thousand year old history in shipbuilding. There are more than 200 shipyards in the country, which are mainly engaged in building and repairing low quality inland vessels. Two shipwards have succeeded in making international classed vessels- and many more will come. It is about 15% cheaper to produce a ship in Bangladesh than anywhere else and the industry is expected to grow significantly. Introduction: Bangladesh is enjoying a boom in ship building. Driven by rising demand and a global supply shortage, existing players in the market have been able to capitalize on a global backlog in orders and sharp rises in prices. While investment in existing shipyards provides significant investment opportunities, investment in new yards may less compelling given two to three year lead times, a forecast fall in demand from 2011 and global dominance from China. However, leveraging its low cost base, adopting new technologies, coupled with government incentives and a strategic focus on areas such as small......

Words: 1479 - Pages: 6

Free Essay


...examines the general business climate as it relates to the organization within its industry. The micro environment is also known as Porter’s Five Forces of Competition. The macro environment is primarily concerned with major issues and upcoming changes in the environment. The analysis looks at five areas of interest, which are 1) Power of the Buyers; 2) Power of the Suppliers; 3) Threat of Substitute Products; 4) Threat of New Entrants; and 5) Intensity of Rivalry. Notice in the following diagram, how these interact and influence each other. MGMT 488 Chapter 3 – Macro Environment POWER OF BUYERS STRONGER WHEN • • • • • • • • • • Buyers have low switching costs Buyers are large; large volume sales are important Large number of small buyers can band together Buyer demand is weak or declining Buyer demand dramatically slows (aka “a buyer’s market”) Buyer identity is important Quality and quantity of information to buyers is high Buyers can postpone purchase until a later date Product is a commodity Threat of substitute products is high WEAKER WHEN • • • • • • • Buyers purchase infrequently or in small quantities Many buyers Buyer switching costs are high Buyer demand surges (aka “a seller’s market”) Brand reputation is important Highly differentiated product Threat of substitute products is low POWER OF SUPPLIERS STRONGER WHEN • • • • • Industry members have high switching costs Input in short......

Words: 1494 - Pages: 6

Premium Essay

Msme India

...PROLOGUE: An MSME (Micro, Small and Medium Enterprise) is defined by RBI/GOI differently for the Manufacturing and the Services Sector, as follows: * Manufacturing Sector: Manufacturing sector refers to enterprises engaged in manufacture or production, processing or preservation of goods. The definition of Micro, Small and Medium Enterprises under the manufacturing sector is as below: | | * A micro enterprise is an enterprise where investment in plant and machinery does not exceed Rs.25 lakh; | | * A small enterprise is an enterprise where the investment in plant and machinery is more than Rs.25 lakh but does not exceed Rs.5 crore; and | | * A medium enterprise is an enterprise where the investment in plant and machinery is more than Rs.5 crore but does not exceed Rs.10 crore. | * Services Sector: Services sector refers to enterprises engaged in providing or rendering of services. These will include small road & water transport operators, small business and professional & self-employed.The definition of Micro, Small and Medium Enterprises under the services sector is as below: | | * A microenterprise is an enterprise where the investment in equipment does not exceed Rs.10 lakh; | | * A smallenterprise is an enterprise where the investment in equipment is more than Rs.10 lakh but does not exceed Rs.2 crore; and | | * A medium enterprise is an enterprise where the investment in equipment is more than Rs.2 crore but does not...

Words: 1728 - Pages: 7

Free Essay

Cleaner Production

...decades in India has improved the production and economic prosperity and improved the standards of living in the State of Gujarat (India). A large number of small and medium scale industries are engaged in the manufacture of a variety of chemical and allied products in State of Gujarat (India) (Rathi 2002, p.583). Simultaneously, the rapid industrialisation along with urbanisation has also resulted into numerous environmental issues. The global and economic processes had been remarkably unsustainable. Production processes and consumer behaviour had been threat to environment. Industrial growth in India is a result of the Government policies which aimed at increasing the productivity and job opportunities. Small and medium scale industries irrespective of types of product were encouraged to set up businesses for the economic growth of the respective States. Different State Government competing for the their respective economic growth had designed attractive package and incentives for industrial investment which consisted of sale tax exemptions, cash subsidies and creating industrial zones by developing infrastructures like road, water and power(Rathi 2002, p.583). Gujarat( India) has developed into the most industrialised states which apart from its traditional textile industry, also comprises of small scale industries and a major producer of chemicals and petrochemical product as well as other products like fertilizers, pesticides, drugs and edible oil. Most of the......

Words: 1566 - Pages: 7

Premium Essay

Reflection Paper

...Abstract This paper reveals the different strategies the owners of small and medium scale industries use to increase the revenue and build and maintain relationships with consumers. The paper refers to the lessons learned from the Class lectures, guest lectures and the case studies. Abstract This paper reveals the different strategies the owners of small and medium scale industries use to increase the revenue and build and maintain relationships with consumers. The paper refers to the lessons learned from the Class lectures, guest lectures and the case studies. Reflection paper International Marketing | Professor Steven Hurley Reflection paper International Marketing | Professor Steven Hurley In the media driven world of today, small businesses have to understand Facebook, Twitter, and the strategies to use social media position their business for the right market segment. However, many small and medium businesses do not have a strategy for marketing using social media. Hence the question that came to my mind was “How does the small and medium businesses use social media to position themselves to maximize revenues?” Figure 1 Figure 1 Source: Int'l Mktg_1_Overview_2015-110314.ppt presented by Prof. Hurley Source: Int'l Mktg_1_Overview_2015-110314.ppt presented by Prof. Hurley The purpose of this reflection paper is to understand the use of social media by the owners of a small business or medium scale business owners to grow their business and to engage......

Words: 1684 - Pages: 7

Premium Essay

Marketing Researcher

...Corporate Governance, Small & Medium Entreprises. Family businesses constitute the world’s oldest and most dominant form of business organizations. Family businesses range from small and medium-sized companies to large conglomerates that operate in multiple industries and countries. Family businesses range from small and medium-sized companies to large conglomerates that operate in multiple industries and countries. Some of the well-known family businesses include: Salvatore Ferragamo, Benetton, and Fiat Group in Italy; L’Oreal. A family business is a commercial organization in which decision-making is influenced by multiple generations of a family who are closely identified with the firm through leadership or ownership. In a family business, two or more members within the management team are drawn from the owning family. Family businesses can have owners who are not family members. It may also be managed by individuals who are not members of the family. However, family members are often involved in the operations of their family business in some capacity and, in smaller companies, usually one or more family members are the senior officers and managers. 1. Stage of growth in a family business. Three-stage model summarize the family business lifecycle as: * The Founder(s) Stage. * The Sibling Partnership Stage. * The Cousin Confederation Stage. 2. Family Member Roles in the Governance of their business. 1- Owners (Shareholders). 2-......

Words: 512 - Pages: 3

Premium Essay

Sap Software

...SAP software One of the big advantages of SAP software in general is that it is applicable to any business. For a small business, anywhere from 5-100 employees, the SAP software called Business One is best. There are numerous advantages, including saving money and being more efficient. Compared to other SAP software, it is more affordable and still works effectively. Smaller businesses would implement this software because it does not require a large IT staff to run it, and it takes 2-8 weeks to get it running. They can also run it off of the cloud, which gets rid of some of the hardware costs and space needed to use it. As for the benefits, Business One has many ERP features. It keeps track of all financial information and manages it for the small business. It cuts down on errors and it makes the entire financial process faster (Fertig, 2004). Overall, it allows businesses to make better, more informed decisions. Business One also helps keep track of inventory and production. This reduces costs and time by knowing exactly how much inventory is in the warehouse, and it gives the business more control in ordering and shipping products. When it comes to customers, Business One helps in multiple areas. Not only does it help with support after a sale has been made, Business One includes a Crystal Reports software which helps in gaining new customers. Businesses can analyze sales trends and opportunities, as well as asses the performance of individual departments with the......

Words: 1407 - Pages: 6

Free Essay

Audio Convergence

...information technology advancements and a more computer savvy world, the audio recording medium and digital medium have merged, changing the sound recording industry forever. This convergence has blurred the line between professional and amateur sound recordings. Technology has made new products smaller, feature rich and more affordable where anyone can record their music and offer it on the web for the whole world to enjoy. This medium convergence has closed the gap between musicians and listeners and brought forth a famine in the recording industry, which in turn, has brought new opportunities to the dying market. What does this mean to us? In short terms, with new digital formatting software available to anyone, the compression of music waves, and the technological advances, the recording industry is struggling to stay afloat. This statement is pretty remarkable, being that the world’s leading recording engineers are having difficulties keeping business alive with the evolution of technology. It is evident, recording engineers need to step backwards to differentiate themselves and find better innovative ways to keep the recording business profitable. This transformation in the world of recording, is affecting all of us as both consumers and producers of audio content. The following research paper discusses these convergence changes with a short look into the history of the recording industry and the transformations that have come about. Starting with the......

Words: 1562 - Pages: 7