Classification of Industries
(on the basis of…)
Raw Agro-Based- Mineral based- Forest Based- Animal Based-
Materials - Depend on RM - use both metallic - Utilise forest resources - Utilise RM provided
produced by & non metallic like wood, rubber, lac, by animals. Eg. Silk,
agricultural sector minerals as RM. resin etc. hides, dairy products,
- Comprise mainly - Based on ferrous & leather, poultry etc.
consumer goods non-ferrous
- Major ABI; cotton, metallurgical
jute, textile, sugar processes.
etc. - Major MBI; iron &
steel, cement,
fertilisers, basic &
light chemicals etc.
Nature of Heavy- Light-
Products - produce capital - produce goods
goods & consumer that are light in
durables (quite weight. Eg. cycles,
bulky), thus, called sewing machines,
so. electronic goods etc.
- require huge - Need less capital,
capital, large less labour, as
quantities of raw compared to Heavy
materials, scientific I.
knowledge,
sophisticated
machinery.
Investment Micro- Small- Medium-
& Turnover - Investment in - Investment in Investment in plant &
plant & machinery/ plant & machinery/ machinery/ equipment <
Enterprise equipment < Rs. 1 equipment < Rs. 10 Rs. 50 crore
crore crore
- Annual Turnover<
- Annual Turnover< - Annual Turnover< Rs. 250 crore
Rs. 5 crore Rs. 50 crore
(on the basis of…)
Raw Agro-Based- Mineral based- Forest Based- Animal Based-
Materials - Depend on RM - use both metallic - Utilise forest resources - Utilise RM provided
produced by & non metallic like wood, rubber, lac, by animals. Eg. Silk,
agricultural sector minerals as RM. resin etc. hides, dairy products,
- Comprise mainly - Based on ferrous & leather, poultry etc.
consumer goods non-ferrous
- Major ABI; cotton, metallurgical
jute, textile, sugar processes.
etc. - Major MBI; iron &
steel, cement,
fertilisers, basic &
light chemicals etc.
Nature of Heavy- Light-
Products - produce capital - produce goods
goods & consumer that are light in
durables (quite weight. Eg. cycles,
bulky), thus, called sewing machines,
so. electronic goods etc.
- require huge - Need less capital,
capital, large less labour, as
quantities of raw compared to Heavy
materials, scientific I.
knowledge,
sophisticated
machinery.
Investment Micro- Small- Medium-
& Turnover - Investment in - Investment in Investment in plant &
plant & machinery/ plant & machinery/ machinery/ equipment <
Enterprise equipment < Rs. 1 equipment < Rs. 10 Rs. 50 crore
crore crore
- Annual Turnover<
- Annual Turnover< - Annual Turnover< Rs. 250 crore
Rs. 5 crore Rs. 50 crore
