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Classification of Industries

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CBSE: Class 10
CISCE: Class 10

Key Points: Classification of Industries

  • On the basis of raw materials, industries are classified as agro-based, mineral-based, forest-based and animal-based industries.
  • On the basis of nature of products, industries are divided into heavy industries (capital and bulky goods) and light industries (consumer goods).
  • On the basis of investment and turnover, industries are classified as micro, small, medium and large-scale industries.
  • On the basis of ownership, industries are public sector, private sector, joint sector and co-operative sector industries.
  • On the basis of function and market, industries include basic industries, consumer industries, ancillary industries and service (tertiary) industries.
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