Industry is related with those activities which are conducted to produce goods by harnessing different physical or natural resources, so as to fulfil the needs of the consumers. Thus, industry creates ‘Form utility’ through processing, manufacturing, construction and extraction.
On the basis of nature of work the industries can be categorised into five types as given below:
1. Genetic Industries as:
• Agriculture
• Horticulture
• Gardening
• Animal Husbandry
• Fisheries
• Poultry
2. Extractive Industries:
• Mining to get coal, iron, gas, natural oil, etc.
• Fishing to catch fish
• Hunting in the forest
• Harnessing, wood, herbs, gum, rubber, etc. from forests.
3. Manufacturing Industries:
• Making sugar from sugarcane
• Clothes from cotton.
• Furniture from wood
• Cement industry
• Paper industry
• Soap industry
• Jute Industry etc.
4. Constructive Industries: Construction of
• Roads
• Bridges
• Canals
• Dams and Buildings
5. Assembling Industries:
• Computer
• Car
• Scooter
• Watches
• Television sets etc.