Sustainable Business Models and Corporate Strategies for Resilience in Small-Scale Industries with Special Reference to Tamil Nadu
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Abstract
Textile industry is backbone of Tamilnadu for the contributing significantly to employment generation, export earnings, and rural development However, changes of the environmental concerns, resource constraints, and competitive global market pressures have forced small-scale textile enterprises to assume sustainable business models and corporate resilience strategies. The study following specific objectives are: i)to examines the extent, nature of the small-scale industries; ii) to analyse the sustainability practicesamong the small and medium textile enterprises; and iii) to suggest suitable policy measures for the protection and promotion of small-scale industries in Tamilnadu. The studyuses for the both primary survey data (n = 400) and secondary sources from medium small scale industries found that the green finance institutions, the research applies statistical tools, including correlation and regression analysis, to explore the relationship between sustainability initiatives and business performance.The study addressed in sustainable practices such as energy efficiency, renewable energy use, and waste recycling for significantly enhance profitability and competitiveness. The study analysis demonstrates of 74 percentfor the variation in profitability is explained by sustainability variables, with waste recycling and energy efficiency emerging as the most influential factors. The study concludes that sustainability-driven business models are key to ensuring longterm resilience and market stability for textile MSMEs in Tamil Nadu. It also emphasizes the need for stronger policy support, financial incentives, and capacitybuilding programs to help of the small-scale industries transition toward a circular and low-carbon economy.