Question

Which of the following examples falls under the classification of knowledge based industry ?

• A. Pharmaceutical and Medicine Manufacturing
• B. Commercial and Service Machinery Manufacturing
• C. Telephone Apparatus Manufacturing
• D. All of these

Answer 1

The correct option is D All of these

Knowledge based industries are classified in all the above parts.

Information technology deals with the storage, processing and distribution of information. During the decade, the industry has gained global attention due to a series of political, technological and socioeconomic events. India is witnessing the emergence of information technology hubs in Bangalore, Mumbai, Hyderabad and Chennai.

The Silicon Valley and Bangalore both share many same aspects in the development of Information technology such as pleasant climate, skilled workforce, presence of high quality educational, technological and scientific centers and access to markets.