Manufacturing Industries

• Industries may be classified as follows:

  • on the basis of raw materials used
  • According to their main role
  • on the basis of capital investment
  • on the basis of ownership
  • on the basis of bulk and weight of raw material
• Examples of Agro based industries

  cotton, woollen, textile, rubber, tea, coffee, oil, etc.
• examples of mineral based industries

  iron and steel, cement, machine tools, petrochemicals, etc
• Basic or key industries are those which supply their products as raw materials to manufacture other goods.

  eg: iron and steel and copper smelting, etc.
• consumer industries manufacture goods for direct use by consumers.

  eg: sugar, toothpaste, fans, etc.
• A small scale industry is define with reference to the maximum investment allowed on the assets of a unit.
• Public Sector is owned and operated by government agencies .

  eg: BHEL, SAIL, etc.
• Private sector industries are owned and operated by individuals ora group of individuals.

  for example, TISCO, Bajaj Auto Ltd, Dabur industries, etc.
• Joint Sector industries are jointly run by the state and individuals or a group of individuals.

  For example, Oil India Ltd. (OIL)
• Cooperative sector industries are owned and operated by the producers or suppliers of raw materials, workers or both.

  For example, Sugar industry maharashtra and coir industry in kerala
• The textile industry contributes significantly to:

  1. industrial production
  2. employment generation
  3. foreign exchange earnings
• The textile industry is the only industry in the country which is self-reliant and produces the highest value added product.
• What are mineral-based industries?

  Industries that use minerals and metals as raw materials are called mineral-based industries.
• Aluminium smelting industry is the second most important metallurgical industry in India.
• Aluminium is light, resistant to corrosion, a good conductor of heat, malleable and becomes strong when it is mixed with other metals.