2 What are the basis on which the industries can be classified? Give least two examples for each
Answers
Answer:
1. Large Scale Industry:
Industries which employ a large number of labourers in each unit are called large-scale industries. Cotton or jute textile industries are large scale industries.
2. Medium Scale Industries:
The industries which employ neither very large nor very small number of labourers are put in the category of medium scale industries. Cycle industry, radio and television industries are some examples of medium scale industries.
3. Small Scale Industries:
Industries which are owned and run by individuals and which employ a small number of labourers are called small scale industries.
Answer:
Industries are classified on the basis of
- source of raw materials :
1. Agro based
e.g. jute , silk , tea , etc.
2. Mineral based
e.g. cement , aluminium , etc.
- their main role :
1. Basic or key industry :
e.g. iron smelting , copper smelting , etc.
2. Consumer industry :
e.g. paper , sugar , etc.
- Capital investment :
1. Small Scale industry
- Ownership :
1. Public Sector :
e.g. BHEL , SAIL , etc.
2. Private Sector industry :
e.g. TISCO , Bajaj Auto Ltd. ,etc.
3. Joint sector :
e.g. Oil India Ltd.
4. Cooperative Sector industry .
- Bulk and weight of the raw materials and finished good :
1. Heavy Industries:
e.g. Iron and Steel
2. Light industries
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