what is a feeder industry ? give a example.
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the industries whose products are used as raw material to other industries and which feeds the other industry
eg. iron and steel
eg. iron and steel
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Feeder industries are those industries which provide either raw materials or semi finished goods for other industries, who in convert them into finished goods and supply to end consumer.
Explanation:
These industries directly don’t or not capable to sell to end consumer. They are essential for the overall manufacturing process.
Since, without their output, other industries can’t operate. Hence, they are called feeder industries.
Which mean they feed to other industries. For example: Iron and Steel, Animal husbandry, etc.,
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