Manufacturing Industries PDF

manufacturing industry has not only allowed on the assets of a unit. This limit assisted agriculturists in increasing their has changed over a period of time. At production but also made the production present the maximum investmen...

manufacturing industry has not only allowed on the assets of a unit. This limit assisted agriculturists in increasing their has changed over a period of time. At production but also made the production present the maximum investment allowed processes very efficient. is rupees one crore. In the present day world of globalisation, our industry needs to be more efficient and On the basis of ownership: competitive. Self-sufficiency alone is not Public sector, owned and operated by enough. Our manufactured goods must be government agencies – BHEL, SAIL etc. at par in quality with those in the Private sector industries owned and international market. Only then, will we be operated by individuals or a group of able to compete in the international market. individuals –TISCO, Bajaj Auto Ltd., Dabur Industries. Joint sector industries which are jointly run Classification of Industries by the state and individuals or a group of individuals. Oil India Ltd. (OIL) is jointly List the various manufactured products you owned by public and private sector. use in your daily life such as – transistors, electric bulbs, vegetable oil, cement, Cooperative sector industries are owned glassware, petrol, matches, scooters, and operated by the producers or automobiles, medicines and so on. If we suppliers of raw materials, workers or classify the various industries based on a both. They pool in the resources and share particular criterion then we would be the profits or losses proportionately. Such able to understand their manufacturing examples are the sugar industry in better. Industries may be classified as Maharashtra, the coir industry in Kerala. follows: Based on the bulk and weight of raw material On the basis of source of raw materials and finished goods: used: Heavy industries such as iron and steel Agro based: cotton, woollen, jute, silk Light industries that use light raw textile, rubber and sugar, tea, coffee, materials and produce light goods such edible oil. as electrical goods industries. Mineral based: iron and steel, cement, aluminium, machine tools, petrochemicals. Classify the following into two groups on the According to their main role: basis of bulk and weight of raw material and Basic or key industries are those which finished goods. supply their products as raw materials to (i) Oil (vi) Sewing Machines manufacture other goods e.g. iron and (ii) Knitting needles (vii) Shipbuilding steel and copper smelting, aluminum smelting. (iii) Brassware (viii) Electric Bulbs Consumer industries that produce goods (iv) Fuse wires (ix) Paint brushes for direct use by consumers – sugar, (v) Watches (x) Automobiles toothpaste, paper, sewing machines, fans etc. Agro-based Industries On the basis of capital investment: Cotton, jute, silk, woollen textiles, sugar and A small scale industry is defined with edible oil, etc. industries are based on reference to the maximum investment agricultural raw materials. MANUFACTURING INDUSTRIES 59 Reprint 2024-25