AI Adoption In Small Scale Industries: Challenges And Opportunities

Artificial Intelligence (AI) is a landmark of the technological revolution in the 21st century. It has started creating an impact on various sectors of the economy including the industrial sector. It is changing the way of industrial working and small-scale industries are no exception to this. This paper highlights the challenges and opportunities for SSI in the adoption of AI. SSIs faces numerous challenges such as high implementation costs, skill shortages, infrastructural constraints, regulatory issues, unaffordable AI solutions and a restrictive mindset which hinder their growth. Along with challenges, significant opportunities are associated with AI which would help them to become globally competitive and unlock the new path of success. The right government approach would help SSI grow and succeed in an ever-changing world.