Manufacturing Industries
The manufacturing industries convert raw materials into finished goods. This industry makes use of machinery or labour to manufacture finished goods. The economic might of a nation is measured by the development of manufacturing industries. This article will provide an overview of manufacturing industries.
Classification of Manufacturing Industries – Based on the Raw Materials Used
Based on raw materials used, manufacturing industries can be classified as mineral-based industries and agro-based industries. Aluminium, iron & steel, and petrochemicals are examples of mineral-based industries. The sugar industry, tea industry, coffee industry, jute industry, cotton industry, etc. are examples of agro-based industries.
Classification of Manufacturing Industries – Based on Role
Such manufacturing industries can be classified as consumer industries or basic industries. Basic industries will provide the raw materials for the manufacturing of finished goods. Industries manufacturing the finished products for consumers are consumer industries. Examples are paper, sugar, etc.