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Question

Classify the industries on the basis of their main role . How they are different from each other ?

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Solution

The various forms of classification of Indian industry are are

1. Based on number of workers: Large scale, Medium scale, Small scale.
2. Based on raw material: Heavy industries, Light industries.
3. Ownership: Private Sector, Public Sector, Cooperatives.
4. Source of raw material: Agro based, Mineral based.
5. Miscellaneous: Village, Cottage, Consumer goods, Basic industries.

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