Factors Affecting Productivity Improvement in Indian Small-Scale Industries

Abstract

The productivity of small-scale industries is a
crucial determinant of economic growth and
competitiveness in India. Despite being a
significant contributor to the nation's GDP
and employment, the productivity levels in
the Indian small-scale industry sector have
been a subject of concern. This research
paper aims to identify and analyze the factors
influencing productivity improvement in
Indian small-scale industries. Through a
comprehensive literature review and
empirical analysis, this study provides
insights into the challenges and opportunities
faced by small-scale industries and offers
recommendations for policymakers and
stakeholders to foster productivity growth.
Small-scale industries provide several benefits
and investment prospects. For instance, the
government offers them numerous tax breaks
and refunds. Due to a variety of factors, there
are numerous ways to profit from Small
Industries Service Institutes (SISIs). First of
all, SSIs require less money. Even financial
assistance and money are readily available to
them. Second, it is also considerably simpler
for them to obtain raw materials and labour.
Even the government's export regulations
disproportionately favour them. In addition
to offering lucrative opportunities, therefore,
additional work should be put into creating a
better model, or a recommended model for
TPM stands for Total productive
Maintenance implementation in small and
medium scale enterprises (SMEs) needs to be
developed. Finally, a way for implementing
TPM is suggested. The goal of this essay is to
investigate the role of OEE Overall
Equipment Effectiveness in Indian industrial
sectors, both small- and large-scale. Through
the use of a case study including the
application of TPM in a small-scale industry
to increase the OEE of the company,
evaluation of performance losses in the
production facilities, and discussion and
analysis of the contributions of TPM efforts in
Additionally, the effectiveness of TPM
implementation in Indian organisations is
determined by comparing the current
outcomes to the previous ones