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Industries by Ownership of Industries (Co-operative Sector (Firms or…
Industries by Ownership of Industries
Private Sector
Privately owned by individuals or groups
Reliance Industries, the Tata Group
Public Sector
Owned by the Government
Provides goods and services to the public
Railways, Indian Oil Corp, MTNL
Neccessities
Require large investments with slow returns
Joint Sector
Jointly owned by the Government as private individuals or groups
MARUTI UDYOG Ltd., Cochin Refineries Ltd.
Co-operative Sector
Firms or businesses that are set up by a group of individuals forming their own society, each member contributing a share in the company
Owned, controlled and operated by a group of users
Each member contributes equity capital and shares on the basis of one-member, one-vote
'Autonomous association of people united voluntarily to meet thier common ecosoccult needs and aspirations'by International Cooperative Alliance
AMUL(Anand Milk Union Ltd.)
Sugar Industries, Handloom, small finance companies, food processing