CHALLENGES FACING BY SMALL-SCALE FURNITURE INDUSTRIES IN HYDERABAD SINDH PAKISTAN

Abstract

The study evaluated the challenges in Hyderabad city of Sindh province small-scale furniture industry faced. The resource-based view and resource dependency theory were used as the study's guiding concepts. 75 furniture carpenters were chosen at random from different locations of Hyderabad city. The information was gathered via the questionnaire. The collected data was examined using a descriptive analysis. According to the findings, carpenters faced several difficulties, including a shortage of modern machine tools, inadequate working capital, low labour skills, a lack of formal workspaces, and fierce competition from imported furniture. The lack of modern machine tools prevented small and medium enterprises from producing goods of the kind needed to enter growing markets. To boost productivity, furniture production must make use of current machinery. Insufficient availability of suitable financial services had led to insufficient operating capital for investments in furniture manufacturing. The study concludes that the furniture business has a significant role in generating income and jobs. The study recommends that Governments should promote a business-friendly environment in addition to creating financial and non-financial services as well as supportive institutional infrastructure.