Working Capital Management of Small Scale Industries With Reference to Thane District

Abstract

India is developing at a breakneck pace. In past century, India has seen newlineimmense industrial development in all the manufacturing sectors. This newlineindustrial development led to various new industrial states being developed in newlineall parts of India. This development could be attributed to the industrial newlinerevolution in Western Countries. Industrial revolution in the West brought newlinelarge scale industries with high grade industrial technology to India. Till this newlineparadigm shift in Industrial sector in India, the production was carried out with newlinethe help of human or animal labour and that too on a very tiny scale. The newlineevolution of the Indian small-scale industry can be traced back to even as early newlineas Rig-Veda. There are a number of institutions and agencies engaged in the newlineareas of credit lending, technology support services, infrastructural services and newlinea host of marketing and support related services etc. newlineIndustrialization brings about social and economic changes that are essentially newlineimportant for sustainable survival and development of human society in newlinebackground of continuously increasing population size, shrinking agricultural newlinelands, inadequacy of various natural resources and unemployment. The major newlinereason behind this is working capital of the small-scale industries. Thus, this newlinestudy is planned to work out the working capital management of small scale newlineindustries. newline