what is co operative industries
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Cooperative sector industries are owned and managed by a group of people. Generally the members are the producers of raw materials. Examples of such industries are handloom, food processing and diary products. Amul is a example of cooperative sector society.
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The Cooperative sector industries are owned and operated by the producers or supplier of raw materials, workers both .
They pool in the resources and share the profits or the losses proportionately .
Such example are the sugar industry in Maharashtra , the coir industry in Kerala .
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