How many types of industries are there on the basis of size
Answers
Size of industries are measured by how much money is invested, employee count and goods produced.
Small-scale industries: Small-scale industries have less capital and technology invested in them. There is often manual labour noticed here. Example, Basket weaving, pottery, and handicrafts.
Large-scale industries: Largescale industries are the exact opposite of small-scale industries. Here the capital invested is large and advanced technology is in use here. Example, Automobiles and Heavy Machinery.
3. Ownership
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. Example, Hindustan Aeronautics Limited (HAL)
Joint sector industries: These industries are jointly operated by the state and individuals. Example, Maruti Udyog.
Cooperative sector industries: Cooperative industries are operated by the suppliers, producers or workers of raw material. Example, Amul India.