Challenges of Small Scale Industry

You must understand that the following recommendations address these challenges:

·      To formulate Industrial Clusters under Public Private Partnership (PPP), the government of Punjab must establish industry-specific Task Forces in collaboration with industry relations for instance CII, PHDCC, and FICCI to study the best practices by other states of India or other nations, and come up with concrete proposals on cluster development without losing much time.

·      To evaluate why Punjab has failed to benefit from Central Schemes such as Textile Technology Parks, Food Parks, Special Economic Zones, Cluster Development, etc., the government of Punjab must set up a High-Powered Administrative Review Committee with Chief Secretary as Chairman and principal Secretaries of the major economic departments as members. A Secretary level officer should be put in place in the Chief Minister’s office to track the opportunities provided by these structures and get the administrative machinery in the state to react to exploit these opportunities.

·      The government of Punjab should proactively appeal a large plant for automotive manufacture because of its prospective for positive downstream impacts on the numerous small scale auto-component manufacturers.

Caution: To modernise and rejuvenate the small scale units in light engineering, leather, hand tools, sports goods, hosiery, etc., the strategy recommends the development of modern clusters and/or attracting a large scale plant in automotive which can facilitate the technological up gradation of the component suppliers through vendor development.

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