Question

difference between medium and heavy industry ​

Answer 1

Light industry is industries that usually are less capital-intensive than heavy industry and is more consumer-oriented than business-oriented, as it typically produces smaller consumer goods. Most light industry products are produced for end users rather than as intermediates for use by otherindustries.

Answer 2

Medium industries engaged in manufacture of goods, have plant and machinery which is worth five crores to ten crores Indian Rupees. In the service sector, a medium enterprise may have investment in equipment, to the value of two to five crores Indian Rupees.

Heavy industries have a large investment in plant and machinery (more than medium industries) and are generally engaged in the production and manufacture of large and heavy equipment, ship building, construction etc.