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To learn about significance of INDUSTRIES. To learn about localisation of INDUSTRIES. To learn about various types of INDUSTRIES. To understand the role of INDUSTRIES in Indian economy.
Introduction
The literal meaning of manufacture is to make by hand. During olden times the goods were manufactured by hands.
MANUFACTURING
The basic principle of manufacturing is to produce more material in a short duration. So, machines were used in manufacturing.
The conversion of raw materials into more useful and valuable fabricated articles with the help of machines is called manufacturing.
INDUSTRIES
Definition : Industries may be defined as a place where the goods are
The production side of business activity is referred as industry. It is a business activity, which is related to the raising, producing, processing or manufacturing of products.
In India modern textile industry was started in Bombay in 1854. The world wars encouraged industries like sugar, cement chemical, iron and steel. The new industrial policy was announced in 1991 according to which the government issued licensing for all industries.
Localisation of Industries
Raw material. Power. Labor. Transport. Market. Government policies.
Raw material
Most of industries are located near to the sources of raw materials to facilitate the quick transport of raw materials to industries.
Examples : iron and steel industries are located near coal or iron mines. The sugar industries are located near sugar cane producing areas.
Labour
Light consumer goods and agro based industries require more man power so they are located in densely populated areas with skilled and semi skilled workers.
Transport
If the raw materials and finished goods are bulky and heavy then the transport will cost very high.
So that industries like oil industries and refineries are located near ports and railway stations.
Market
It is essential for quick disposal for manufactured goods.
Most of the industries are located nearbig cities where the consumers determine the size of the market.
Government policies
Governments may provide added incentives facilities like power banking transport or even tax concessions.
The enthusiasm and the interests shown by the southern states attract the software industries.
Classification of Industries
The industries are classified industries based on the capital and labour. Nature of raw materials. Sources of raw materials. Ownership.
sugar industries
vegetable oil industries
Industries that depend on minerals for raw materials are called mineral industries.
Eg: iron and steel industries. aluminium industries.
cement industries .
Heavy industries
Industries which use heavy and bulky raw materials and produce heavy and bulky products are called as Heavy industries.
Eg: iron and steel industries.
ancillary industries
Cottage industries
The industries carried on primarily with the help of members of the family either as a whole or a part time occupation.
This labour is intensive and traditional industry.
Primary
Construction
Industry
Genetic
Manufacturing
Extractive
Primary Industry
Primary industry is concerned with production of goods with the help of nature. It is a nature-oriented industry, which requires very little human effort. E.g. Agriculture, farming, forestry, fishing, horticulture, etc.
Primary industry tends to make up a larger portion of the economy of developing countries than they do for developed countries.
Genetic Industry
Genetic industries are engaged in re-production and multiplication of certain spices of plants and animals with the object of sale. The main aim is to earn profit from such sale. E.g. plant nurseries, cattle rearing, poultry, cattle breeding, etc.
Extractive Industry
Extractive industry is concerned with extraction or drawing out goods from the soil, air or water. Generally products of extractive industries come in raw form and they are used by manufacturing and construction industries for producing finished products. E.g. mining industry, coal mineral, oil industry, iron ore, extraction of timber and rubber from forests, etc.
Manufacturing Industry
Manufacturing industries are engaged in transforming raw material into finished product with the help of machines and manpower. The finished goods can be either consumer goods or producer goods. E.g. textiles, chemicals, sugar industry, paper industry, etc.
Construction Industry
Construction industries take up the work of construction of buildings, bridges, roads, dams, canals, etc. This industry is different from all other types of industry because in case of other industries goods can be produced at one place and sold at another place. But goods produced and sold by constructive industry are erected at one place.
Service Industry
In modern times service sector plays an important role in the development of the nation and therefore it is named as service industry. The main industries, which fall under this category, include hotel industry, tourism industry, entertainment industry, etc.