Flexibility: These units are more adaptable to their changing business environment. So in case of sudden changes or unexpected developments, they are flexible enough to adapt and keep carrying on. Large industries do not have this advantage. Resources: They use local and readily available resources
small scale industries are those industries in which manufacturing providing services productions are done on small scale or micro scale for example these are the ideas of small scale industries napkins tissues chocolates toothpick Water bottles small toys paper pens small scale industries play an important role in social and economic development of India the industries do a one time investment in missionary plants and industries which could be on and ownership basis hire purchase or release basis
open entry and exit products
means that the sellers are free to enter and leave the market as per their choice.
can sell any kind of product but need to ensure that the prices are correct and least too or else will not get potential buyers.
so need to be a bit careful on aspect.
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