Flowchart on how the industries classified with their suitable examples
Answers
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.
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.
Industries which are owned and run by individuals and which employ a small number of labourers are called small scale industries.
Industries classified on the basis of raw materials and finished goods are:
Industries which use heavy and bulky raw-materials and produce products of the same category are called heavy industries. Iron and steel industry presents a good example of heavy industries.
The light industries use light raw-materials and produce light finished products. Electric fans, sewing machines are light industries.
Since the start of the planned development of Indian economy in 1951, industries are divided in the following four classes:
Industries owned by individuals or firms such as Bajaj Auto or TISCO situated at Jamshedpur are called private sector industries.
Industries owned by the state and its agencies like Bharat Heavy Electricals Ltd., or Bhilai Steel Plant or Durgapur Steel Plant are public sector industries.
Industries owned jointly by the private firms and the state or its agencies such as Gujarat Alkalies Ltd., or Oil India Ltd. fall in the group of joint sector industries.
Industries owned and run co-operatively by a group of people who are generally producers of raw materials of the given industry such as a sugar mill owned and run by farmers are called co-operative sector industries.
On the basis of source of raw materials, industries are classified as under:
Agro based industries are those industries which obtain raw-material from agriculture. Cotton textile, jute textile, sugar and vegetable oil are representative industries of agro-based group of industries.
The industries that receive raw materials primarily from minerals such as iron and steel, aluminium and cement industries fall in this category.
These industries depend upon animals for their raw material. Hides, skins, bones, horns, shoes, dairy, etc. are some of the pastoral-based industries.
Paper card-board, lac, rayon, resin, tanning of leather, leave- utensils, basket industries are included in this type of industry.
Explanation:
claaification of industries 1. raw material ex agro based, mineral based. marine and forest based 2 size ex small and large scale 3 ownership ex private sector
public sector joint and co operative sector