2. Define the following terms:
(a) Co-operative Sector Industries
(b) Agro-based Industries
(c) Territorial specialisation
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Cooperative sector industries are owned and managed by a group of people by the producers or suppliers of raw materials, workers or both. Examples — the sugar industry in Maharashtra, the coin industry in Kerala. Anand Milk Union Limited and Sudha Dairy are two examples of the cooperative sector industry.
The agro-based industry includes indutries related to textiles, sugar, paper and vegetable oil. These industries use agricultural products as their raw materials. Textile industry is the largest industry in the organized sector.
Territorial specialisation in ties with the modern rural economy can be characterised by the efficient specialization of the farmland, related to its natural and social capital attributes.
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