Have you ever wondered where all the smartphones, laptops come from? You go to a relevant shop to purchase the product you want but from where does that product come into existence into that particular shop? The shopkeeper purchases that product from his or her distributor and the distributor purchases from the manufacturer. The manufacturer produces the final product which is made available in the shop from the raw materials.
Therefore the manufacturer is the origin of any product.
An industry is a group of many organizations involved in the production as well as in the manufacturing or handling of the same type of product and service. All the industries are part of the secondary activity. The secondary or the manufacturing converts all the raw materials into products of more value to the people.
Basically, the industry refers to the economic activities concerned with the production of the goods, extraction of the services as well as provisions or services. Therefore one can say that an industry is concerned with the following:
Classification of Industries in India
Agro-Based Industries - These industries use plants and also animal-based products as their raw materials. For example food processing, vegetable oil, cotton textile, dairy products, and also the leather industries.
The size of industries is measured by how much money is invested, employee count, and also the goods produced.
Small-Scale Industries- The small-scale industries have less capital and technology invested in them. There is often manual labour noticed here. For example, Basket Weaving, pottery, and handicrafts.
Cooperative Sector Industries- Cooperative industries are operated by the suppliers, the producers, or the workers of raw material. For example, Amul India.
Industrial Distribution in India
Iron and Steel Industry
The iron and steel industries are known as the feeders of all other industries because the products of these industries are used as raw materials in other industries.
The input includes raw materials such as iron ore, labour, capital, and also other infrastructure. Iron ore is converted into steel by various processes.
Finally, the output is steel which is the basic material needed in every other industry.
The textile industry is one of the oldest industries in the world which was revolutionized during British rule in India. There are very few demanded fibres such as Muslins from Dhaka Chintzes and Calicos, Gold wrought cotton from Surat, Burhanpur, and Vadodara.
Information technology deals with the storage, processing, and distribution of information and it has gained global attention.
Classification of Agro-Based Industries
Agro-based industries can be classified into two categories- first the food processing industries and second the nonfood processing industries. Food processing industries generally deal with the preservation of perishable products as well as the utilization of by-products for other purposes.