Based on the source of raw materials:
Agro-based industries (e.g. Cotton, woolen, jute, silk)
Mineral-based industries (e.g. Iron and steel, cement, aluminium)
Based on the main role:
Basic or key industries (e.g. iron and steel industry, copper smelting)
Consumer industries (e.g. sugar, paper)
Based on capital investment:
Small scale industry (investment ≤ ₹ 1 Crore)
Large scale industry (investment > ₹ 1 Crore)
Based on ownership:
Public sector industries (e.g. BHEL, SAIL)