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How are Industries classified? 1] Based on the economic sector:- • Primary • Secondary • Tertiary 2] Based on ownership:- • Public sector industry • Private sector industry 3] Based on the scale of operations:- • Large scale industries • Small scale Industries 4] Based on capital investment:- • Heavy industries •Light industries 5] Based on raw materials:- • Agro-based industries • Mineral-based industries 6] Based on technology:- • High tech industries • Low tech industries 7] Based on the market orientation:- • Consumer goods industries • Capital goods industries 8] Based on export-orientation:- • Export oriented industries • Domestic market industries 9] Based on the environment impact:- • Polluting industries • Green industries (I call it 🟢Green flag industries 😁) 10] Based on employment generation:- • Labor intensive industries • Capital intensive industries.

The Indian Economy is divided into 3 main sectors:- 1] Primary sector :- The entity from this sector uses natural resources to produce raw materials, for example:- Agriculture, Fishery, Dairy, Mining. 2] Secondary sector :- The entity from this sector uses raw materials to produce finished goods, for example :- Manufacturing, food production. 3] Tertiary sector :- The entity from this sector provides services to the economy, for example :- Quick 10 minutes delivery 💀 , IT services, Business consultation.

Some examples of the Sector:- 1] Technology: Apple, Samsung, IBM 2] Finance: Goldman Sachs, Wells Fargo 3] Healthcare: Abbott Laboratories, Medtronic 4] Retail: Target, Costco 5] Manufacturing: General Motors, Boeing 6] Media: Netflix, Viacom.

Some examples of Industry :- 1] Automotive industry: Toyota, Ford, Honda Technology industry: Apple, Microsoft, Samsung 2] Retail industry: Amazon, Walmart, Target 3] Pharmaceutical industry: Pfizer, Johnson & Johnson, Merck 4] Banking industry: JPMorgan Chase, Bank of America, HSBC 5] Airline industry: Southwest Airlines, Delta Air Lines, United Airlines 6] Oil and Gas industry: ExxonMobil, Shell, BP 7] Food and Beverage industry: Coca-Cola, PepsiCo, Nestle 8] Telecommunications industry: Verizon, AT&T, T-Mobile 8] Fashion industry: Nike, Adidas, Zara.