technological up gradation in small scale industries

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    TECHNOLOGICAL TECHNOLOGICAL

    UPGRADATION IN SMALL SCALEUPGRADATION IN SMALL SCALEINDUSTRIESINDUSTRIES

    Monirba {Allahabaduniversity}Supported by Manish kanojia(MBA III sem}

    Raghavendra SinghM.B.A 3 rd Sem.

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    IMPORTANCE OF TECHNOLOGYIMPORTANCE OF TECHNOLOGY

    AND ITS UPGRADATIONAND ITS UPGRADATIONv Science and technology in a major way has

    been recognized since independence.

    vv During that period it was not much

    developed but now it has achievedsignificant growth.

    v

    v Technological efforts have to underpin thegrowth of industry, services etc so that

    economy becomes globally competitive.

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    Conti..Conti..

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    OBJECTIVES OF TECHNOLOGYOBJECTIVES OF TECHNOLOGY

    UPGRADATIONUPGRADATIONv Attaining technological competence andself reliance.

    v Identifying obsolescence of technology inuse and arrange for modernization of both equipment and technology.

    v Develop technologies which areinternationally competitive .

    v Re-cycle waste material and make fullutilisation of by-products.

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    Conti.Conti.

    v Emphasis on production and not onproduction costs.

    v Lack of management skills.

    v Lack of access to technological

    information and consultancy services.

    v Isolation from technology hubs.

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    IMPLICATIONS OF TECHNOLOGYIMPLICATIONS OF TECHNOLOGY

    FOR SMEsFOR SMEsv SMEs will continue to be SMEs, but no

    longer to afford to behave as SMEs.v

    v Competition will come from unknowndirection and countries.

    v

    v World will be your market place.

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    GOVERNMENT POLICY WITHGOVERNMENT POLICY WITHREGARD TO TECHNOLOGY FORREGARD TO TECHNOLOGY FOR

    INDUSTRYINDUSTRY The domestic R&D system and theindustrial

    enterprises are the two main players in thetechnology-industry interface . Now R&Dhasbecome market driven . So IndianGovernment hasalso started many schemes and has givenfinancialhelp in its 11 th five year plan.

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    ContCont4. Information & Communication

    Technologyfor SMEs (Ministry of SSI)Rs.160 Crore

    5. Development of Special PurposeMachinesRs. 50 Crore

    6. Promoting Academia-SME interaction forInnovation ( Engineering Colleges,

    Community Polytechnics, ITIs etc.)

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    CAPITAL SUBSIDY SCHEME FORCAPITAL SUBSIDY SCHEME FOR

    TECHNICAL UPGRADATION TECHNICAL UPGRADATION

    The scheme would facilitate technologyupgradation by induction of proventechnologies in respect of specifiedproducts/ sub sectors.

    It is not applicable to units going forupgradation with second hand machinery.

    Entrepreneurs availing of this scheme

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    FINANCIAL SUPPORT FORFINANCIAL SUPPORT FOR

    TECHNOLOGY DEVELOPMENT TECHNOLOGY DEVELOPMENTIN SMALL SCALE SECTORIN SMALL SCALE SECTOR1.2. In India it has been difficult for SSIs to

    raise funds.

    3.4. The venture capital funds do provide

    finance for SSIs , but their coveragehas been very small.

    5.

    6. The financial institutions like SIDBI ,

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    ROLE OF SIDBI IN TECHNOLOGYROLE OF SIDBI IN TECHNOLOGY

    UPGRADATIONUPGRADATIONv Modernization and Quality Upgradation

    I. Technology development and modernisation

    fund (TDMF)

    v Cluster level Intervention

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    ContiContiv Textiles Technology Upgradation Fundv

    v Technical Development Fundv

    v Infrastructure Fundv

    v Technology Bureau for SmallEnterprises(TBSE)

    v

    v Skill-cum- Technology Upgradation

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    CONCLUSIONCONCLUSION

    Small and medium scale industries will notbecompetitive if they do not have moderntechnology .For good employment opportunities andprosperouseconomy we do need of it.Even Government has been playing its rolein betterway but a lot of is expected fromentrepreneurs andSSIs industr itself.

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    REFERENCES:REFERENCES:M.B. SHUKLA

    www.google.com

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    THANK YOU