KEYWORDS
INDUSTRY: AN INDUSTRY IS A BRANCH OF AN ECONOMY THAT PRODUCES A
CLOSELY RELATED SET OF RAW MATERIALS, GOODS, OR SERVICES.
RAW MATERIAL: THE BASIC MATERIAL FROM WHICH A PRODUCT IS MADE.
SOCIAL
CHAPTER-5
INDUSTRIES
WHAT IS AN INDUSTRY?
INDUSTRY REFERS TO AN ECONOMY ACTIVITY THAT
IS CONCERNED WITH PRODUCTION OF
GOODS,EXTRACTION OF MINERALS OR THE
PROVISION OF SERVICES.
FOR EG:IRON AND STEEL INDUSTRY,COAL
MINING INDUSTRY,TOURISM INDUSTRY.
SECONDARY ACTIVITIES OR
MANUFACTURING
SECONDARY ACTIVITIES OR MANUFACTURING
CHANGES RAW MATERIALS INTO PRODUCTS OF
MORE VALUE TO PEOPLE.
FOR EG:PULP PAPER NOTEBOOK
RAW
MATERIALS
CLASSIFICATIO
N OF SIZE
INDUSTRIES
OWNERSHI
P
RAW MATERIALS:
RAW MATERIALS:INDUSTRIES MAY BE AGRO BASED,MINERAL BASED,MARINE BASED AND
FOREST BASED DEPENDING ON THE TYPE OF RAW MATERIAL THEY USE.
SIZE:
IT REFERS TO THE AMOUNT OF CAPITAL INVESTED,NUMBER OF PEOPLE EMPLOYEDAND
AND THE VOLUME OF PRODUCTION.
OWNERSHIP:
OWNERSHIP:INDUSTRIES CAN BE CLASSIFIED INTO PRIVATE SECTOR,JOINT SECTOR AND
COOPERATIVE SECTOR.
RAW MATERIAL
MINERAL MARINE FOREST
AGRO
BASED BASED BASED
BASED
INDUSTRIE INDUSTRIE INDUSTRIE
INDUSTRIE
S S S
S
AGRO BASED INDUSTRIES
THEY USE PLANT AND ANIMAL BASED PRODUCTS AS THEIR RAW MATERIALS
FOR EG:FOOD PROCESSING,VEGETABLE OIL,COTTON TEXTILE,DIARY PRODUCTS,AND
LEATHER
INDUSTRIES.
MINERAL BASED INDUSTRIES
ARE PRIMARY INDUSTRIES THAT USE MINERAL ORES AS THEIR RAW MATERIALS.
FOR EG:USED FOR HEAVY MACHINARY,BUILDING MATERIALS AND RAILWAY COACHES.
MARINE BASED INDUSTRIES
USE PRODUCTS FORM SEA AND SEA AS RAW MATERIALS.
FOR EG:INDUSTRIES PROCESSING SEA FOOD OR MANUFACTURING FISH OIL.
FOREST BASED INDUSTRIES
USE FOREST PRODUCE AS RAW MATERIALS.
FOR EG:PHARMACEUTICALS,FURNITURE AND BUILDING.
SIZE
SMALL SCALE LARGE SCALE
INDUSTRY INDUSTRY
SMALL SCALE
SMALL SCALE INDUSTRIES ARE THOSE INDUSTRIES IN WHICH THE
MANUFACTURING, PRODUCTION AND RENDERING OF SERVICES ARE DONE ON
A SMALL OR MICRO SCALE.
LARGE SCALE
LARGE SCALE INDUSTRY EMPLOYS LARGE NUMBER OF PERSONS AND CONSUMES
VAST QUANTITY OF POWER.
OWNERSHIP
PRIVATE
SECTOR JOINT SECTOR CO-OPERATIVE
INDUSTRY INDUSTRY SECTOR