How do SSIs save foreign exchange?

1.	How do SSIs save foreign exchange?
Answer» Saves foreign exchange: Small scale industries, on one hand, generate export incomes and on the other hand reduce India’s import expenditure by producing many necessary goods locally. This helps to improve balance of payment and save spending foreign exchange unnecessarily.

Answer»

Saves foreign exchange:

Small scale industries, on one hand, generate export incomes and on the other hand reduce India’s import expenditure by producing many necessary goods locally.
This helps to improve balance of payment and save spending foreign exchange unnecessarily.

Discussion