classification of industry on the bases of capital investment
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According to 2011,If investment done on a industry is less than one crore then it is small scale industry while Investment done over one crore is known as large scale industry.
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Industries➫ The production of goods or related services within an economy.
♦ The major source of revenue of a group or company is the indicator of its relevant industry.
♦ When a large group has multiple sources of revenue generation it is considered to be working in different industries.
➧ Industries are Classified into:-
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[1] Raw Materials:-
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❱ Agro-based industries: These industries use plants and animal-based products as their raw materials.
❱ Mineral based industries: Mineral-based industries are based on mining and use mineral ore as raw material.
❱ Marine-based industries: Marine-based industries use raw materials from sea or ocean.
❱ Forest-based industries: These industries use raw materials from the forest like wood.
[2] Size :-
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❱ Small-scale industries: It have less capital and technology invested in them. There is often manual labour noticed here.
❱ Large-scale industries: Large scale industries are the exact opposite of small-scale industries.
[3] 0wnership :-
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❱ Private sector: Private industries are businesses that are owned and operated by an individual or group of individuals.
❱ Public sector: Public industries are owned and managed by the government.
❱ Joint sector industries:These industries are jointly operated by the state and individuals.
❱ Cooperative sector industries: Cooperative industries are operated by the suppliers, producers or workers of raw material.
_________
Thanks...✊
✭✮ӇЄƦЄ ƖƧ ƳƠƲƦ ƛƝƧƜЄƦ✮✭
┗─━─━─━─━∞◆∞━─━─━─━─┛
Industries➫ The production of goods or related services within an economy.
♦ The major source of revenue of a group or company is the indicator of its relevant industry.
♦ When a large group has multiple sources of revenue generation it is considered to be working in different industries.
➧ Industries are Classified into:-
============================
[1] Raw Materials:-
=-=-=-=-=-=-=-=-=-=-=-=-=⤵
❱ Agro-based industries: These industries use plants and animal-based products as their raw materials.
❱ Mineral based industries: Mineral-based industries are based on mining and use mineral ore as raw material.
❱ Marine-based industries: Marine-based industries use raw materials from sea or ocean.
❱ Forest-based industries: These industries use raw materials from the forest like wood.
[2] Size :-
=-=-=-=-=-=-=-=⤵
❱ Small-scale industries: It have less capital and technology invested in them. There is often manual labour noticed here.
❱ Large-scale industries: Large scale industries are the exact opposite of small-scale industries.
[3] 0wnership :-
=-=-=-=-=-=-=-=-=-=-=⤵
❱ Private sector: Private industries are businesses that are owned and operated by an individual or group of individuals.
❱ Public sector: Public industries are owned and managed by the government.
❱ Joint sector industries:These industries are jointly operated by the state and individuals.
❱ Cooperative sector industries: Cooperative industries are operated by the suppliers, producers or workers of raw material.
_________
Thanks...✊
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