industry are classified on the basis of the following criteria:-
(i) On the basis of raw materials used -
▪ Agro based industries - cotton, woolen, jute, silk, textile, etc.
▪ Mineral based industries - iron, steel, cement, aluminium, etc.
(ii) on the basis of role played by them -
▪ Basic industry - industry which supply their products as raw material to other industries. eg- iron and steel, aluminium smelting.
▪ consumer industry - industry which produce goods for direct consumer. egg, sugar, paper, etc.
(iii) on the basis of capital investment -
▪ small scale industry - industry with investment upto 1 crore.
▪ large scale industry - industry with investment above 1 crore.
(iv) on the basis of ownership -
▪ public sector
▪ private sector
▪ joint sector venture
▪ cooperative sector
(v) on the basis of the bulk and weight of raw material and finished goods -
▪ heavy industry
▪ light industry
hope it helps thanks..
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alpanachandel
1) raw meterial- agrobased and mineralbased industries 2) according to role - basic and consumer 3) capital investment - small scaled 4) ownership - public private and joint sector
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CLASSIFICATION OF INDUSTRY
industry are classified on the basis of the following criteria:-
(i) On the basis of raw materials used -
▪ Agro based industries - cotton, woolen, jute, silk, textile, etc.
▪ Mineral based industries - iron, steel, cement, aluminium, etc.
(ii) on the basis of role played by them -
▪ Basic industry - industry which supply their products as raw material to other industries. eg- iron and steel, aluminium smelting.
▪ consumer industry - industry which produce goods for direct consumer. egg, sugar, paper, etc.
(iii) on the basis of capital investment -
▪ small scale industry - industry with investment upto 1 crore.
▪ large scale industry - industry with investment above 1 crore.
(iv) on the basis of ownership -
▪ public sector
▪ private sector
▪ joint sector venture
▪ cooperative sector
(v) on the basis of the bulk and weight of raw material and finished goods -
▪ heavy industry
▪ light industry
hope it helps
thanks..
2) according to role - basic and consumer
3) capital investment - small scaled
4) ownership - public private and joint sector