ADOPTING DIGITAL TRANSFORMATION FOR SMALL SCALE INDUSTRIES TO ENHNACE THIER EFFECIENCY AND FOSTERING DEVELOPMENT PROCESS

We moved from traditional approach for producing and developing necessaries to meet our requirements for the growing population since 1950. The traditional approach is good where there will be great amount of sustainable production without having side effects to the environment and the society around the corner ! The disadvantage of having common traditional approach is that it cannot cover or meet the increase of demand which needs faster procedure development process and required less time in order to gather the need . There will be other conceptual reasons and other attributes contributing towards that factor , This article will be more inclined towards digital transformation and the policies that can help the small scale industries in India or across the globe .

Before i begin with details about Digital transformation , I should give some information related to the potential merits of Small Scale Industries or MSME'S . Small Scale Industries and MSME'S are been long part of Country economy development and Job employment for the people and they contribute nearly 55-75 percentage of workforce and revenue generation than compared to the MNCS , Corporates and other Private companies , where there is stability in income and usage of resources that can be met with general requirements with effective and transparent working process and flexibility for yielding higher productivity as well as contributed to nearly 1 percent or more GDP to the country ! The Small Scale business were the most and been there for millennials before across the country making the nation largest and diversified with various small scale players across the country that compared to counterparts in abroad !

Looking at these estimated figures and data collected from sources that are available in internet and some of the rough estimation from the audiences ,Make us feel great to have such capabilities that a small scale industries or MSMES can do for the nation ! .But there are some gaps to cover and foster the production and development for small scale industries to meet the requirements and this can be done by applying modern tools and policy , Which is nothing but Digital transformation !

Digital transformation is a digitalized strategy to improve the organization or a company or an industry to meet the requirement of the consumers or customers by implementing technology as a key to cover the needs and reduce the demand and supply friction ! This include a implementing the strategy , policy , infrastructure with user interface to foster and have a collaborative technology development for the industries . Adopting the technology for powering small scale industries requires a careful infrastructure and necessary supports from the individual transformation managers or individuals of the small scale industries or from the government inspections to draw and implement a roadmap with suggestion of implementing necessary technology before the systems and resources are integrated with appropriate need for placing right technology resources for the right cause of right place . With rapid advancements of Artificial intelligence , Cloud computing , Virtual and Augmented reality !, There will be great help for small scale individuals and owners to calculate , implement , access and project efficiency without delays or supply chain issues , Which can result in advancements of the machinery with great importance of steep enhancement of the quality of the products and great Human and machine interface without changing or declassifying existing resources !

As there will be wide implementations of digital transformation thanks to internet access and digital information capabilities , The most important aspect to have successful flow of work and machines is to educate the individuals about adopting the technologies within their understanding , Collaboration of Corporates and enterprises to provide necessary tools and mentoring for small scale owners and providing low interest financial capital for procuring and implementing the infrastructure .