Obstacles Faced by Small-Scale Industries in India: An Inclusive Literature

The worldwide economy has been witnessing dramatic and significant changes over the years even after implementing reforms in relevant sectors. The term reforms indicates structural changes in patterns of existing methods. Since 1991, Industrial reforms have given generous opportunities to trade, technology, foreign investment, financial capacity building, and development of SSIs. After industrial reforms, India has achieved growth in terms of economy however some factors are persistent in creating hindrances. Therefore, the present study focuses on obstacles/problems faced by small-scale industries in India. Based on a review of the available literature, summary is generated.