Category : Important DaysPublished on: September 02 2023
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Small Industry Day is celebrated every year on August 30 in India.
This day honours the invaluable contributions of small industries, often overlooked yet pivotal drivers of global economies.
These industries, driven by unwavering resolve, are the backbone of innovation, job creation, and economic dynamism. At present, small industries make up approximately 40% of India’s overall economy.
The roots of Small Industry Day can be traced back to the year 2000. In August of that year, the Indian government created a comprehensive policy package for small-scale industries (SSI).
