Author(s) :   Jalaj Goel¹, Dr. C. P. Agrawal²

Abstract:
The bangle industry is growing a lot in India and it supplies extensively to whole country as well as exports to the whole world. There are various art exhibitions and Indian merchants have good market there from foreign shoppers. These bangles are also sold online nowadays with the boom in online shopping in India. This industry is on its way to further growth and has a bright future.

As per data available in the economic survey report of 2009-10, it is clear that in India there are 2.7 million small scale units, their gross production is approx. 3, 37,000 crores, out of that total export is 86013 crores and approx. 2.7 million people are getting employment in these micro enterprises. Above facts clearly indicates that contribution of micro enterprises is greater than 40% of total GDP of India. Above facts clearly shows that micro enterprise play important role in smooth functioning of economy. Micro enterprises mainly include the Hosiery of Ludhiana, Scientific instruments of Ambala, Power Looms of Panipat and Handicrafts of Rajasthan are name a few which are contributing in the GDP of our country. From the very beginning these small scale units are suffering with lot of labour problems and in Firozabad bangle industry it is maximum and because of this we are taking sample Firozabad bangle industry for the purpose of our study.

Keywords: Firozabad Bangle Industry/ SSI; GDP; Economic Development; Employment.

DOI : 10.61161/ijarcsms.v12i3.9

Pages : 70-74

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