Q.Name 4 industries where small manufacturers have been hit hard due to competition.what was its consequence?
4 industries where small manufacturers have been hit hard due to competition are
Such small producers were not able to compete with the MNCs and had to close down. The workers in these enterprises were rendered jobless.
- Batteries
- Capacitors
- Plastics
- Toys
Such small producers were not able to compete with the MNCs and had to close down. The workers in these enterprises were rendered jobless.