Classify industries on the basis source of raw material. How are they different from each other.
On the basis of source of raw material industries are classified into two groups.
- Agro based industries
- Mineral based industries.
Difference
- Agro based industries contain their raw materials from agricultural products while mineral based industries obtain their raw materials from minerals.
- Cotton, jute silk and woollen textiles get their raw material from agriculture field- rubber, sugar, coffee, tea and edible oil are also products of agriculture based industries.
- Iron and steel, cement, machine, tools petrochemicals the examples mineral based industries.