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Classification of manufacturing industries?
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Classification of manufacturing industries?
Industries can be classified into several groups:
On the Basis of Strength of Labour:
Large Scale Industry:
Industries which employ a large number of labourers in each unit are called large-scale industries. Cotton or jute textile industries are large scale industries.

Medium Scale Industries:
The industries which employ neither very large nor very small number of labourers are put in the category of medium scale industries. Cycle industry, radio and television industries are some examples of medium scale industries.

Small Scale Industries:
Industries which are owned and run by individuals and which employ a small number of labourers are called small scale industries.

On the Basis of Raw-Material and Finished Goods:
Industries classified on the basis of raw materials and finished goods are:

Heavy Industries:
Industries which use heavy and bulky raw-materials and produce products of the same category are called heavy industries. Iron and steel industry presents a good example of heavy industries.

Light Industries:
The light industries use light raw-materials and produce light finished products. Electric fans, sewing machines are light industries.

On the basis of Ownership:
Since the start of the planned development of Indian economy in 1951, industries are divided in the following four classes:

Private Sector Industries:
Industries owned by individuals or firms such as Bajaj Auto or TISCO situated at Jamshedpur are called private sector industries.

Public Sector Industries:
Industries owned by the state and its agencies like Bharat Heavy Electricals Ltd., or Bhilai Steel Plant or Durgapur Steel Plant are public sector industries.

Joint Sector Industries:
Industries owned jointly by the private firms and the state or its agencies such as Gujarat Alkalies Ltd., or Oil India Ltd. fall in the group of joint sector industries.

Co-operative Sector Industries:
Industries owned and run co-operatively by a group of people who are generally producers of raw materials of the given industry such as a sugar mill owned and run by farmers are called co-operative sector industries.

On the Basis of Source of Raw Material:
On the basis of source of raw materials, industries are classified as under:

Agro Based Industries:
Agro based industries are those industries which obtain raw-material from agriculture. Cotton textile, jute textile, sugar and vegetable oil are representative industries of agro-based group of industries.
Mineral Based Industries:

The industries that receive raw materials primarily from minerals such as iron and steel, aluminium and cement industries fall in this category.

Pastoral-Based Industries:
These industries depend upon animals for their raw material. Hides, skins, bones, horns, shoes, dairy, etc. are some of the pastoral-based industries.

Forest Based Industries:
Paper card-board, lac, rayon, resin, tanning of leather, leave- utensils, basket industries are included in this type of industries.
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Classification of manufacturing industries?
Classification of Manufacturing Industries

Manufacturing industries are classified based on various factors, such as the type of product being manufactured, the raw materials used, the level of technology employed, and the scale of production. Here, we will discuss the different classifications of manufacturing industries in detail:

1. Based on the Nature of the Product:
Manufacturing industries can be classified into various categories based on the nature of the product they produce. Some common classifications include:

a. Consumer Goods Industries: These industries produce goods that are directly consumed by individuals, such as food products, clothing, furniture, and electronics.

b. Capital Goods Industries: These industries produce goods that are used by other industries for further production, such as machinery, equipment, and tools.

c. Intermediate Goods Industries: These industries produce goods that are used as inputs in the production of other goods, such as raw materials, components, and semi-finished products.

2. Based on the Raw Materials Used:
Manufacturing industries can also be classified based on the type of raw materials they utilize in the production process. Some examples include:

a. Agro-based Industries: These industries use agricultural raw materials as inputs, such as sugar mills, textile mills, and food processing units.

b. Mineral-based Industries: These industries utilize mineral resources as raw materials, such as iron and steel industries, cement plants, and glass manufacturing units.

c. Forest-based Industries: These industries use forest products as inputs, such as sawmills, paper mills, and furniture manufacturing units.

3. Based on the Level of Technology:
Another way to classify manufacturing industries is based on the level of technology employed in the production process. This classification includes:

a. Hi-tech Industries: These industries utilize advanced technology, automation, and sophisticated machinery in their manufacturing processes. Examples include aerospace manufacturing, computer hardware production, and semiconductor manufacturing.

b. Low-tech Industries: These industries employ basic technology and manual labor for production. Examples include traditional handicrafts, small-scale cottage industries, and handmade products.

4. Based on the Scale of Production:
Manufacturing industries can also be classified based on the scale of production, which includes:

a. Small-scale Industries: These industries have a limited production capacity and employ a small number of workers. They often operate on a local or regional level and focus on niche markets.

b. Large-scale Industries: These industries have a high production capacity, utilize advanced technology, and employ a large number of workers. They often operate on a national or global level and cater to mass markets.

In conclusion, manufacturing industries can be classified based on the nature of the product, raw materials used, level of technology employed, and scale of production. These classifications help in understanding the different types of manufacturing industries and their unique characteristics.
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Classification of manufacturing industries?
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