Unlocking the Growth Potential of India’s Small-Scale Industries: The Role of Lean Manufacturing
Small-scale industries (SSIs) play a vital role in India’s economy, contributing around 40% of total industrial production and employing over 117 million people (Ministry of MSME). Yet, despite their contribution, many SSIs face persistent challenges in efficiency, profitability, and growth. Why is this, and how can lean manufacturing address these challenges? Let’s explore. Understanding the
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