Economy, asked by munmun14786, 27 days ago

ancillary Industries supplying its product to_ to _​

Answers

Answered by rohitrakshay
3

Answer:

subsidiary industries

Answered by qwwestham
0

Ancillary Industries supplying its product to primary and to secondary industries. Ancillary industries are those industries which support and help both these type of industries.

  • This industry produces and manufactures spare parts, intermediates, machines ,sub assemblies etc.
  • Any heavy industry always depends on the machinery for its work to progress; the heavy industry always needs support of ancillary industries.
  • Due to the presence of ancillary units the heavy industries save much of their time and expenses and use this time in doing innovation in their products and services.
  • The term ancillary industry denotes to that industry which supports the key industrial activities in a given area or city.
  • Ancillary industries are stated to as those industries which finance in plant and machinery with a capital not more than rupees 1 crore.
  • Some characteristics of ancillary industries are as follows:
  • - They supply  around a minimum 50 % of their production to their parent industries.
  • - The various sections which use ancillary units are , namely, railways, automobile industry, shipbuilding industry, textile machinery, agriculture machinery, aircraft industry etc.
  • Ancillary units are specialized in the production of one product but if this part is to be made in the parent company it will be only its side-line operation.
  • The storing problem is solved as the heavy industries to order only when they require them.

Industries which manufacture automobiles, railway engines, tractors, etc. are ancillary industries. They do the work of manufacturing components used by heavy engineering industries to outline their final product for eventual consumption.

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