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Manufacturing industries play a crucial role in converting raw materials into finished products, impacting economic development, employment, and exports. They are classified by size, raw materials used, and ownership. Major manufacturing industries in India include textiles, iron and steel, sugar, cement, and chemicals. Key challenges faced by these industries include labor shortages, inadequate infrastructure, and environmental issues.
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References
g10.pdfClass Notes
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Term: Manufacturing Industries
Definition: Industries that convert raw materials into finished goods, crucial for economic development.
Term: Classification of Industries
Definition: Categorization of industries based on size, raw materials used, and ownership.
Term: Smallscale Industries
Definition: Industries that operate with small capital and a limited workforce.
Term: Largescale Industries
Definition: Industries requiring significant capital, machinery, and labor.
Term: Public and Private Industries
Definition: Sectors owned by the government (public) or individuals/companies (private).
Term: Industrial Growth Measures
Definition: Strategies to promote industrial development, such as financial assistance and improved infrastructure.