Small Industries refer to businesses that have a limited scale of operations, typically characterized by their small size, limited investment, and fewer employees compared to larger enterprises. These industries play a crucial role in the economy by contributing to job creation, innovation, and regional development. They often focus on niche markets and can be involved in manufacturing, services, or retail sectors. Small industries are vital for fostering entrepreneurship and can be more agile in adapting to market changes. They are generally supported by various government policies aimed at promoting economic growth and sustainability.
Small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) hold significant potential in India's economy. Optimizing energy use in these sectors can improve livelihoods, especially for traditionally…