classification of industries - Coggle Diagram
classification of industries
On the basis of ownership:
industries owned and operated by government
Eg: BHEL, SAIL etc.
Industries owned and operated by the producers or suppliers of raw materials, workers or both.They pool in the resources and share the profits or losses proportionately
for example the sugar industry in Maharashtra and the coir industry in Kerala.
industries owned andoperated by individuals or a group of
Example-TISCO, Bajaj Auto Ltd.,
Joint sector industries
These are sectors which are jointly run by the state and individuals or a group of
For eg: Oil India Ltd. (OIL) is jointly
owned by public and private sector
On the basis of capital investment
A small scale industry is defined with reference to the maximum investmentallowed on the assets of a unit.This limit has changed over a period of time. At present the maximum investment allowedis rupees one crore.
On the basis of source of raw materials
cotton, woollen, jute, silk textile, rubber and sugar, tea, coffee,edible oil.
iron and steel, cement,aluminium, machine tools,petrochemicals
According to their main role:
Basic or key industries which supply their products or raw materials to manufacture other goods
e.g. iron and steel and copper
smelting, aluminum smelting
Consumer industries that produce goods
for direct use by consumers
Eg:-sugar,toothpaste, paper, sewing machines,fans etc.