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Thursday, December 24, 2009

Types of Industries

The industries can be classifies on the basis of capital investment, fuel consumption production and use of technology. The classification of industries is described below:
a) Cottage industries:-
The traditional industries based on local raw materials and associated with labour, customs, atrs and culture are categorized as cottage industries. Handlooms, dying, printing, stitching and weaving, the production of rugs, handicrafts etc. are the examples of cottage industries.
b) Small scale industries:-
Various types of industries that need the asset of at least ten million rupess are categorized in this group.
c) Medium scale industries:-
In this category, the industries with a permanent asset from Rs.10 million to 50 million are included. Any type of industry within this investment is included in this group.
d) Large scale industries:-
If the industry has a permanent asset of Rs.50 million or more than that is identified as a large-scale industry.

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