Abstract

Globalization refers to the increasingly global relationships of culture, people and economic activity. Most often, it refers to economics: the global distribution of the production of goods and services, through reduction of barriers to international trade such as tariffs, export fees, and import quotas. .Globalization in India is generally taken to mean ‘integrating’ the economy of the country with the world economy. The real thrust to the globalization process was provided by the new economic policy introduced by the Government of India in July 1991. . Globalization has led to an ‘Unequal Competition’- a competition between ‘giant MNC’s and dwarf Indian enterprises’. The small scale sector is a vital constituent of overall industrial sector of the country. The small scale sector forms a dominant part of Indian industry and contributing to a significant proportion of production, exports and employment. Therefore, the present study analyzes the impact of globalization on competitive performance of Indian Small Scale Industries. The main theme of the paper is to evaluate the competitive performance of SSI, before and after liberalization and compare them with average annual growth rates, to know the impact of Globalization on the competitive performance of SSI. The period of the study is 1973- 2010 and based on secondary information .

Keywords:- Globalization, Small Scale Industries, Competitive Performance , Production, No. of Units, Export and Employment.