small producers in india need three things to compete better in the market
(a) better roads, power , water, raw materials, marketing and information network
(b) improvements and modernisation of technology
(c) timely availability of credit at reasonable interest rates.
1. explain how these three things would help indian producers?
2.do MNCswill be interested in investing in these? why?
3. do gov. has a role in making these facilities available? why?
4. is there is any other step that the gov. could take? discuss.
The following points may help you:
a. Rise and growth of MNC's has undoubtedly led to competition for the small producers.
b. Many small manufacturers, small scale industries had to shut down because of their inability to cope with foreign brands leading to unemployment.
c, Availability of better power, better roads, infrastructure , raw materials would help small producers in expanding their production, to reach out to more consumers.
d. Good marketing strategies, innovation will them to expand their market and support them in selling their products.
e., Cheap credit will provide them with required financial assistance to expand production
f. Improvement in technology will help them to improve quality of their products.
2. MNC's would really be interested in such aspects as it would require large investment , and would not necessary bear good earnings.
3. Government would have a major role to play in providing such services and provide protection to small producers.
4. Government must provide tax benefits, encourage investment, provide financial support to small manufacturers.
a. Rise and growth of MNC's has undoubtedly led to competition for the small producers.
b. Many small manufacturers, small scale industries had to shut down because of their inability to cope with foreign brands leading to unemployment.
c, Availability of better power, better roads, infrastructure , raw materials would help small producers in expanding their production, to reach out to more consumers.
d. Good marketing strategies, innovation will them to expand their market and support them in selling their products.
e., Cheap credit will provide them with required financial assistance to expand production
f. Improvement in technology will help them to improve quality of their products.
2. MNC's would really be interested in such aspects as it would require large investment , and would not necessary bear good earnings.
3. Government would have a major role to play in providing such services and provide protection to small producers.
4. Government must provide tax benefits, encourage investment, provide financial support to small manufacturers.