Brief explanation about Light/small manufacturing and Circular economy
Circular Economy refers to businesses that are into sustainable fashion design, production of tiles, bricks from plastics, recycling of waste materials to usable products, producing energy from wastes, producing viable products from the waste agricultural produce etc. thereby limiting the consumption and waste of resources.
Light/Small Manufacturing refers to businesses that their production is less capital intensive, consumer oriented and having less environmental impacts. Examples: production of furniture like doors, beds chairs etc. producing leather products like bags, shoes etc. production of light electrical equipment, fabricated metal production, glass products, gara tie dye production