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Why is there more scope for small-scale ...

Why is there more scope for small-scale industries in developing countries like India ?

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Dveloping countries face the shortage of finance and there is abundance of labour. Small-scale industries prefer techniques of production which require less finance and more labour. There is more scope for small-scale industries in India because the governmet is also doing lot of favours for small-scale industries.
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Economic liberalization and globalization have put pressures on Indian industry particularly on the service sector, to offerquality products and services at lowcosts and with high speed. Organizations have to compete with unequal partners from abroad. It is well recognized that developing countries like India are already behind other countries technologically, in many areas, although some of them, particularly India, boast of huge scientific and technical manpower. In addition to this, if an entrepreneur or industrialist has to spend a lot of his time, money and energy in dealing with unpredictable services and in negotiating with the local bureaucracy, it can have a significant dampening effect on business. India at present istosomeextent at par with the developed countries in terms of technological development.