TECHNOLOGICAL UPGRADATION IN SMALL SCALE INDUSTRIES

Raghavendra Singh M.B.A 3rd Sem.

IMPORTANCE OF TECHNOLOGY AND ITS UPGRADATION

Science

and technology in a major way has been recognized since independence.

During

that period it was not much developed but now it has achieved significant growth.
Technological

efforts have to underpin the growth of industry, services etc so that economy becomes globally competitive.

Conti..
Large industries(3%)
Medium scale(7%)

Small scale Ind.(90%)

OBJECTIVES OF TECHNOLOGY UPGRADATION

Attaining

technological competence and self

reliance. Identifying obsolescence of technology in use and arrange for modernization of both equipment and technology. Develop technologies which are internationally competitive . Re-cycle waste material and make full utilisation of by-products.

NEED FOR TECHNOLOGY LINKAGE

Poor financial situations and low levels of R&D. Poor adaptability to changing trade trends.

Desire to avoid risk.

Non-availability of technically trained

human resources.

Conti.
Emphasis on production and not on production costs.

Lack of management skills.

Lack of access to technological information and consultancy services.

Isolation from technology hubs.

IMPLICATIONS OF TECHNOLOGY FOR SMEs

SMEs will continue to be SMEs, but no longer to afford to behave as SMEs.
Competition

will come from unknown direction

and countries.
World

will be your market place.

GOVERNMENT POLICY WITH REGARD TO TECHNOLOGY FOR INDUSTRY

The domestic R&D system and the industrial enterprises are the two main players in the technology-industry interface . Now R&D has become market driven . So Indian Government has also started many schemes and has given financial help in its 11th five year plan.

Recommendations on financial outlays for S&T for SMEs for the 11th Five-Year Plan 1. Ongoing Schemes and Programmes (various Ministries mainly SSI )

Rs. 6500 Crore

2. 170 Technology Business Incubators & 50 Technology Innovation Centres .

Rs. 1100 Crore

3 . Mission mode programmes for S&T interventions in 7 SME clusters .

Rs. 50 Crore

Cont
4. Information & Communication Technology for SMEs (Ministry of SSI)

Rs.160 Crore
5. Development of Special Purpose Machines

Rs. 50 Crore
6. Promoting Academia-SME interaction for Innovation ( Engineering Colleges, Community Polytechnics, ITIs etc.)

Rs.120 Crore

CAPITAL SUBSIDY SCHEME FOR TECHNICAL UPGRADATION

The

scheme would facilitate technology upgradation by induction of proven technologies in respect of specified products/ sub sectors.
It

is not applicable to units going for upgradation with second hand machinery.
Entrepreneurs

availing of this scheme should not avail of any other benefit.

FINANCIAL SUPPORT FOR TECHNOLOGY DEVELOPMENT IN SMALL SCALE SECTOR

1.

In India it has been difficult for SSIs to raise funds. The venture capital funds do provide finance for SSIs , but their coverage has been very small. The financial institutions like SIDBI , banks and ICICI play a crucial role.

2.

3.

ROLE OF SIDBI IN TECHNOLOGY UPGRADATION

Modernization

and Quality Upgradation

Technology development and modernisation fund (TDMF)

Cluster level Intervention

Conti
Textiles

Technology Upgradation Fund Development Fund Fund

Technical

Infrastructure Technology

Bureau for Small Enterprises(TBSE)

Skill-cum-

Technology Upgradation Programmes(STUPs)

CONCLUSION
Small and medium scale industries will not be competitive if they do not have modern technology . For good employment opportunities and prosperous economy we do need of it. Even Government has been playing its role in better way but a lot of is expected from entrepreneurs and SSIs industry itself.

REFERENCES:
M.B. SHUKLA

www.google.com

THANK YOU