Small Industries
Small industries refer to businesses that operate on a smaller scale, typically characterized by limited investment and fewer employees. These industries often focus on producing goods or providing services within local markets. They play a crucial role in the economy by creating jobs, fostering innovation, and contributing to community development.
Small industries can include various sectors such as handicrafts, food processing, and textiles. They often rely on local resources and skills, making them vital for sustaining regional economies. Additionally, small industries can adapt quickly to market changes, allowing them to meet specific consumer needs effectively.