Industries and their Types
Industries are the places where economic activities take place that is concerned with the production of goods, extraction of minerals, or the provision of services. They are classified based on raw materials, size, and ownership.
- There are four types of industries in India based on ownership. They are Joint sector industries, Private sector industries, Cooperative sector industries, and Public sector industries.
- The industries that are based on raw materials are agro-based industries, mineral-based industries, marine-based industries, and forest-based industries.
- Based on the size, the type of industries are small-scale industries and large-scale industries.