Industries

About Industries

An industry is an organised human effort and skill to produce something useful from the the gift of nature or from primary product. It refer to the manufacturing process. As soon as life, such as furniture, textiles,leather goods, boats and agricultural tools and even luxury is like jewellery. These goods were made by craftsmen who work with members of their families at home with their hands and simple tools. It required very little investment and involved manual labour of animal power.

The use of machines and production on a large scale led to the division of labour and specialisation. Each big job I was broken up into various small parts and each labourer performed a particular part of the job efficiently. This transformation led to what as the age of modern Industry.

Industries of India and world produce the goods and services for the people. Industries are for economic and business purpose. Therefore, Industries in India affects the GDP. To know more about Industries of India and World explore the article further!

The industry is a manufacturing unit or a commercial unit.  “Standard Industries Classification” is the standard use for classifying the industries. Hence this classification is same for all industries.  Small-scale, Large-scale industries namely are the division of Industries.

Small-scale industries are in which the manufacturing cost and investments don’t exceed over RS. 5 crore. hence the investments should be over 25 lakhs. Medium-scale industries are in which the cost can be more than 5 crores but not less. hence the turn over can be up to 10 crores. Similarly, at least the cost should be Rs.10 crores to be a large scale industry. hence the turn over can be anything above 20 crores.

The industry is a manufacturing unit or a commercial unit.  “Standard Industries Classification” is the standard use for classifying the industries. Hence this classification is same for all industries.  Small-scale, Large-scale industries namely are the division of Industries.

Small-scale industries are in which the manufacturing cost and investments don’t exceed over RS. 5 crore. hence the investments should be over 25 lakhs. Medium-scale industries are in which the cost can be more than 5 crores but not less. hence the turn over can be up to 10 crores. Similarly, at least the cost should be Rs.10 crores to be a large scale industry. hence the turn over can be anything above 20 crores.

The industry is a manufacturing unit or a commercial unit.  “Standard Industries Classification” is the standard use for classifying the industries. Hence this classification is same for all industries.  Small-scale, Large-scale industries namely are the division of Industries.

Small-scale industries are in which the manufacturing cost and investments don’t exceed over RS. 5 crore. hence the investments should be over 25 lakhs. Medium-scale industries are in which the cost can be more than 5 crores but not less. hence the turn over can be up to 10 crores. Similarly, at least the cost should be Rs.10 crores to be a large scale industry. hence the turn over can be anything above 20 crores.

Industries Of India

Industries in India can be classified based on the manufacturing done by the industry. Some of these industries are as follows

Food Processing

Food processing is itself a very large industry as it covers processed foods. All the ready and processing of food item ranges under this industry. Therefore, Small-scale food processing industry can be the Homemade items. Hence the large-scale industry in India is Patanjali and Kissan.

Tourism

Tourism is in India is flourished as there are many rich cultural and heritage sites in India. This industry if flourished under the service sector in India. Some of the Industries of India in tourism are make-my-trip, Indian railway catering and tourism corporation, therefore, are the large-scale tourism industries in India.

Textile

The textile industry has flourished in India since ancient times. It is the oldest industry in India. The Indian textiles industry is extremely varied, with the hand-spun and hand-woven textiles sectors at one end of the spectrum, while the capital-intensive sophisticated mills sector at the other end of the spectrum. Therefore, Raymond and Fabindia are the large-scale textile industries in India.

Pharmaceutical

Pharmaceutical industries are related to medical drugs and their production and use. Since India is resourceful in Scientist and engineers, this industry secures an important place in the global pharmaceutical sector. Therefore, Lupin and Sun Pharma are the large-scale industries of pharmaceutical in India.

Education and training

Education and Training is the ever-growing industry in India. The country has more than 1.5 million schools with over 260 million students enrolled and about 751 universities and 35,539 colleges. India has one of the largest higher education systems in the world. Therefore,  NIIT and Cisco being the large-scale industry for education and training in India.

Steel

Steel is the most important industry in India. India was the world’s third-largest steel producer in 2017. 91.46 million ton of total finished steel was produced. Therefore, TATA and MESCO are the large-scale industries of India.

Industries of world

Industries like Healthcare, IT services, Financial services, Business products and services and construction are in demand. Hence they are the large-scale industries of the world. Therefore, United Health group in healthcare, Google in IT services, Banks in Financial are examples of large-scale industries of the world.