+2 votes
in Economics by kratos

How are industries classified on the basis of the raw material used?

1 Answer

+4 votes
by kratos
 
Best answer

1. Agro-based industries: These industries process the raw material 5 Page | 12 from the agricultural field into finished products to be consumed in the market. Major agro based industries are food processing, sugar, fruit juices, etc.

2. Mineral based industries: These industries use minerals such as iron, copper, cement as raw material.

3. Chemical based industries: These industries use natural chemical minerals such as Petroleum, salts, sulphur, etc.

4. Forest based industries: These industries use material provided by the forest such as, timber for furniture industry, wood, grass, bamboo for paper industry, etc.

5. Animal based industries: Raw material in these industries is obtained from animals. For example, wool for woollen textiles, ivory from elephant tusks and leather from animal hide.

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