Classify industries on the basis of the source of raw materials. How are they different from each other?
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On the basis of source of raw materials used, industries are classified into:
- Agro-based industries.
- Mineral-based industries.
- Agro-based industries are based on agricultural raw materials, for example, cotton, jute, silk, woollen, sugar and edible oil.
- Mineral-based industries use minerals and metals as raw materials, for example, iron and steel, cement, aluminium, machine tools, petro chemicals.
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