Small scale industries have existed for over 4000 years, flourishing in ancient cultures like Egypt, Babylon, Greece and Rome. Adam Smith recognized the importance of small local businesses in his 1776 book "The Wealth of Nations". In developing countries, small scale industries tend to be labor intensive with limited economies of scale, infrastructure, and technological capabilities. Various Indian institutions were established to promote small scale industries, which suffered during British colonial rule, including the National Small Industries Limited and Small Industries Development Bank of India.

1. History Of Small Scale Industries In The World
By
D.SRINIVAS REDDY

2. Introduction:
Small scale industry is an small industry an independently
owned and operated profit seeking enterprise
Fewer than 500 employees
Small scale industry is little in size, but have impact on
world economy

3. History:
Small business discovered was of about
more than 4000 years ago.
Small business flourished in almost all ancient cultures
The Egyptians, Arabs, Babylonians, Jews, Greeks and
Romans contained a substantial population of small
business

4. To protect the customers, Hammurabi, the king of Babylon
introduced the first business laws
Adam Smith published "Wealth of Nations" in 1776
He was describing an economy in which local small
business was virtually being the only economic entities
At beginnings of the known history of small business, the
cottage industries thrived through the period

5. The sub-Continent industry, suffered a serious set back
Page during British rule
Indian industries not receive any patronage before Second
World War

7. Typical small business:
RETAILING: it's a traditional business where normally the
owner is the boss and owner
SERVICES: such as legal and accounting, courier services and
beauty parlors etc
Construction activity
Whole sale business
Financing, insurance and real estate
Transportation communication and public utilities

8. Technological characteristics of SSI in
developing countries:
Economies of scale
Technological base
Infrastructure base
Technological disparity
Learning
Industry differentials
Labour intensity

9. Other institutions help to promote SSI:
National Small Industries Limited
Small Industries Development Organization
Small Industries Development Bank Of India
Small Industries-service Institute
Technical Consultancy Organization
Small Industries Development Corporation