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Write the features of small scale industries (SSI)
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The features of small-scale industries are as follows :
1. Personal character: SSIs enjoy the personal character. It is generally owned by a single entrepreneur or partnership.
2. Simple managerial structure: It is managed by owners only. Thus, can reap the benefits of direct motivation, secrecy, flexibility, etc.
3. Labour incentive techniques: There is a predominance of labour. These units use labour incentive techniques of production instead of mechanised methods of production.
4. Local area of operations: The operations of a unit are localised. It depends mainly on local resources but products are exported all over the world.
5. Simple technology: The machinery and equipment used for the production of goods are operated manually and are not very sophisticated.