ISSN : 2348-0351

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ABSTRACT

“Study of Role of Small Scale Industries in a Digital Era”

Mr. Feeroj Nasirkhan Pathan

ABSTRACT

The objective of the paper is to investigate the impact of digitization on the growth Small scale industries as well as Indian economy and its potential for creating employment opportunities. Digitization being a key economic driver in the present world it is important to integrate the economy by creating digital markets. It is found that SST unit has still use their traditional method of operations; through digitalization they can improve their productivity & efficiency of their plant. In this competitive era while multinational companies are main threats for this units. Government should try to focus on digitalization of this sector India being a developing economy has the potential of the digitization in creating employment opportunities. Researches show developing economies has more possibilities of gaining advantages of e-commerce than the developed economies as developing economies have wider scope of reducing inefficiencies and increase production. In India Domestic policies regarding growth of small scale industries would provide inputs for e-commerce trade. Need of the Study: To study role of small scale industries in Indian economy. To study threats and opportunity in digitalization of small scale industries. Methodology: Only secondary data are used in the study. The study focused the collection of data from different government official websites, books, journals & articles. Keywords: SSI, Digitalization, Problems.

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