Starting Your Own Small Scale Industry
If you are thinking of entering the field of self-employment by manufacturing some product(s), you have the options of starting your own industry-large, medium or small, depending upon your choice, resources and viability in terms of demand of the product manufactured and profitability. However, here we give details about setting up a Small Scale Industry. It has a number of merits and strengths. Some of these are listed below -
1. Less capital requirements
2. Labour-Intensive character
3. Optimum technology adoption
4. Dispersal in rural/backward areas
5. Contraction of regional imbalance

