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pm | classification of industries (3rd Feb 23 at 9:32am UTC)
Industries can be classified on the basis of raw materials, size, and ownership. Let us understand the classification of | | Industries can be classified on the basis of raw materials, size, and ownership. Let us understand the classification of industries one by one.Raw Materials: Industries may be agro-based, mineral-based, marine-based, and forest-based depending on the type of raw materials they use. classification of industries Agro-based industries use plant and animal-based products as their raw materials. Food processing, vegetable oil, cotton textile, dairy products, and leather industries are examples of agro-based industries.Mineral-based industries are primary industries that use mineral ores as their raw materials. The products of these industries feed other industries. Iron made from iron ore is the product of mineral-based industry. This is used as raw material for the manufacture of a number of other products, such as heavy machinery, building materials, and railway coaches.Marine-based industries use products from the sea and oceans as raw materials. Industries processing seafood or manufacturing fish oil are some examples.
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