Question

Give an example of the consumer Industry _____________
A. Textile Industry
B. Butter Industry
C. Iron and Steel Industry
D. Wood Industry
E. None of these

Answer 1

Hint: Consumer Industries produce goods for consumption. For e.g.: Sugar Industry, Milk plant etc. These are part of the secondary sector. They directly sell their products to the public without involving any middleman.

Complete Answer:
In simpler words, the consumer sector that produces products for direct consumer consumption, that is to say, the finished goods of that industry can be used directly by customers e.g. toothpaste, paper, textiles, etc. as opposed to the capital goods industry that produces goods for sale to other businesses. These include companies involved with food production, packaged goods, clothing, beverages, automobiles, and electronics.

We will discuss all the industries listed in detail.
1. Textile Industry: The textile industry is the industry responsible for transforming raw materials into finished goods which involves the development, manufacture, processing and distribution of textiles. In the industry, there are two main cloth categories: natural fabric and synthetic fabric.
2. Butter Industry: Indian butter market has spread across in 15 states of India. Table butter is one of the most commonly consumed dairy products, and is used as a basic ingredient in the food industry. It also represents one of the fastest growing food segments in India.
3. Iron and Steel Industry: This industry is among the most important industries in India. In 2019, India became the second largest steel producer in the world after China. It is a basic Industry. 82, 68 million tons of total finished steel and 9, 7 million tons of raw iron were produced by the industry.
4. Wood Industry: The woodwork industry is one of the most steadily developing sectors in the economy of India. India, along with countless other woodworking related units in the industry, has about 100,000 registered wood ware units and more than 200,000 artisans. Wood has always been a major component of Indian art, and numerous beautiful objects are made from it.

Note: Hindustan Unilever Limited is the biggest and the fastest growing consumer industry of India. It is possible to divide consumer goods into four categories: comfort, shopping, niche, and unsought items. It comes under the $4^{th}$ largest sector of the Indian Economy.