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Monday, June 24, 2019

What is Industrial Sector?

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Industrial sector 

The industrial sector of the economy is one that make finished product which can then be utilized viz. construction and manufacturing industry. Industrial sector is also known as secondary sector.
It has various industrial under this sector like Engineering industry , Process industry , Textile industry , Chemical industry , Argo industry etc. 

There are some type of industrial sector -

Engineering Industry
Engineers have to find out solutions to utilize the main elements of production like men, money, machine,material and management with minimum cost.
E.g. Civil, Electrical, Mechanical, Electronics, Chemical Engineering.

Chemical Industry
It consists of industries that produces industrial chemicals. These industries convert raw materials like Oil, Natural Gas, Waste, Air, Metals etc) into different chemical product.
E.g. Rubber, Petrol , Plastics etc. companies.

Argo Industry
It consists of industries that uses the agricultural products and indulge in the process like Harvesting  in large scale, Processing and Packaging of farm products using modern equipment’s.
E.g. Tobacco, Sugar, Spices, Sugar, Tea, Juice company.

Process Industry
It consists of the industries that do different processes on the raw material to get the various products. These processes are carried out in various techniques and with various technologies which ensures quality.
E.g  Paper Products, Wood Products, Ceramics, Coal, Pharmaceuticals etc. companies

Textile Industry
It consists of the industries dealing with design and manufacturing of textile products. It has various sector based on the raw materials used like Cotton, Jute, Fibre, Wool etc.
E.g. Wool Industries, Cotton Industries, Fabrics Industries etc.



                                                                                      Management Notes   By   Maruti  Kumar

1 comment:

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