Question
What are the different ways in which the industries are classified?

Answer

The different ways in which industries:
  1. On the basis of source of raw materials are classified:
  • Agro based industries.
  • Mineral based industries.
  1. On the basis of their main role:
  • Basic or key industries.
  • Consumer industries.
  1. On the basis of capital investment:
  • Small scale industries.
  • Large scale industries.
  1. On the basis of ownership:
  • Public sector.
  • Private sector.
  • Joint sector.
  • Cooperative sector.
  1. On the basis of the bulk and weight of raw material and finished products:
  • Heavy industries.
  • Light industries.

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