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Q.

Industries can be classified based on raw materials, size and [[1]].


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Detailed Solution

Industries are classified based on raw material, size, and ownership. Based on raw material, we have agro-based, mineral-based, marine-based, and forest-based. Based on the size, we have small-scale and large-scale industries. We have public, private, joint, and cooperative industries based on ownership. Agro-based products include food processing, cotton textile, dairy products, and vegetable oil. Mineral-based includes heavy machinery—marine-based use of sea and ocean products. Forest-based use of the forest produces raw materials. The small scale includes basket weaving and cottage industries. Large-scale industries include heavy machinery and automobiles.
 
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