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Small Scale Industries are suited to Indian economic environment because:
Question

Small Scale Industries are suited to Indian economic environment because:

A.

They lead to decentralization of economic activities

B.

They make use of local resources

C.

They are import-light and skill-light

D.

All the above

Correct option is D

Decentralize economic activities, which promotes balanced regional development by spreading industrial growth across various parts of the country rather than concentrating it in urban centers.
Utilize local resources, ensuring that the raw materials, labor, and skills available within the region are fully exploited, thus creating employment opportunities and boosting local economies.
Are import-light and skill-light, meaning that they require fewer imports of raw materials and are generally less dependent on highly skilled labor, making them adaptable and cost-effective in rural and semi-urban areas of India.

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