What is the Classification of Manufacturing Industries?
By Balaji
Updated on: February 17th, 2023
The Manufacturing Industries are classified into four branches based on their utilization of products, ownership, the nature of the manufactured items, and the raw materials used. The development of a country’s manufacturing industries measures its economic strength. Manufacturing industries create new usable items from goods, raw materials, or substances.
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1. Classification of Manufacturing Industries
Classification of Manufacturing Industries
They have facilities, mills, or factories that generate things for the general population. In the industrial industries, the transformative process might be physical, chemical, or mechanical. They form the backbone of the economy’s secondary sector. The classification of Manufacturing Industries is as follows:
Classifications |
Industries Associated |
Usage of Products |
|
Ownership |
|
Nature of Manufactured Products |
|
Raw Materials Used |
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