Small-Scale Industries In The Era Of Globalisation: An Explorative Study

The main focus of this paper is to assess the level of awareness about WTO and its agreements, and to identify the factors contributing to the sales turnover of the small-scale industries in Karnataka. The paper has used both qualitative and quantitative data for the period 1999–02 as well as descriptive statistics and multiple regression for analysis. The paper found poor awareness among entrepreneurs about WTO agreements and its implication, growth rates are positive but inconsistent among classifications, and investments on technology, working capital and workers contribute significantly to sales turnover. The paper suggests providing modern technology, infrastructure and marketing support and also inviting foreign investment.