Distinguish between agro-based industry and mineral based industry.

Open in App

Solution

Agro based industries
These industries derive their raw materials from agriculture.
Agro based industries usually do not require huge amount of capital.
Examples- Jute industry and sugar industry

Mineral based industries
These industries use minerals as their raw materials.
These are capital intensive units as involves large investment
Example- Iron and steel industry and automobile industry.

Suggest Corrections

Similar questions

Distinguish between the following

(i) Agro-based and mineral-based industry

(ii) Public-sector and joint-sector industry

Join BYJU'S Learning Program