CLassification of industries on the basis of size explain - Social Science - Industries

Question

CLassification of industries on the basis of size explain

P. Sujatha · Accepted Answer

Industries
can be classified on the basis of raw materials, size and
ownership
On the
basis of raw materials industries are classified into agro based,
mineral based, marine based and forest based industries
On the
basis of size, industries are classified into small scale and large
scale industries
Classification
on the basis of size refers to the amount of capital invested,
number of people employed and volume of production
Cottage
or household industries fall under small scale industry while
production
of automobiles and heavy machinery fall under large scale
industries