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An industrial unit established by a private entrepreneur with the support services of BSCIC. BSCIC provides medium and long-term loans to small industries, either directly, or through a consortium of commercial banks. BSCIC also provides assistance in all other matters relating to the development and expansion of small and cottage industries (SCI).
In many U.S. states, residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes. Commercial buildings are buildings that are used for commercial purposes, and include office buildings, warehouses, and retail buildings (e.g. convenience stores, 'big box' stores, and ...
KINFRA plans to set up an industrial park, Kera Park, at Kodakara in Thrissur district. Land acquisition is under way, and the company is awaiting clearances. [2] Since its inception, KINFRA has mainly identified itself with land acquisition and development of industrial infrastructure in the form of parks, townships and zones.
An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more heavyweight version of a business park or office park, which has offices and light industry , rather than heavy industry .
Flex space evolved from light industrial warehouses being converted to office space. Businesses that generally occupy these are new dotcoms, mechanic shops, and companies that contract plumbing, pest, electrical, and sometimes churches and related services.
Small-scale and cottage industries are numerically significant but account for a relatively small proportion of the GDP at about 6 percent. Small-scale industry includes facilities, which employ fewer than 50 workers, and cottage industries (industrial units in which the owner works and is aided by family members but employs no hired labor).
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advantages of establishing small-scale cottage industries in Pakistan. Cottage and small-scale industries are labor-intensive and provide employment to 80% of the industrial labor force. This reduces the unemployment and offers opportunities for self-employment. Traditionally, women are not encouraged to work outside their homes.