Essay on large scale industries

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As much as 45 percent of factory employment in the early twentieth century was engaged in cotton and jute textiles. We are not so advanced in using technology. Examples of large scale industries include fertilizer, cement, natural gas, coal, metal extraction, metal processing, petroleum, natural gas, mining, electrical, petrochemical, food processing units, tourism, banking, sugar, construction, automobile, communication equipment, cement, chemicals, earth movers, consumer durables like television, refrigerators, etcengineering products, vehicle assembly, beverages, gas and water; other fuels, agricultural processing, insurance and finance.

They cater to both the local and foreign markets. Capital goods and consumer goods which are imported from the foreign countries can be produced inside the country through large scale industries.

Processing of pulses and cereals and the manufacture of gur and khandsari are examples of village industries.

Short Paragraph on Large Scale Industries in India

The European capitalists did not welcome this trend. However, the importance of industrial sector, in the process of overall economic development of the country is very remarkable.

In the interwar period, key resources such as capital, labor, knowledge, railway connection, and electric power were no longer concentrated, and industrialization began to spread.

Principals and agents then belonged to a small network, but that situation changed when limited liability became popular beginning in the s. The means of transportation are required to transport and distribute the industrial production to different places and the means of communication are required to have up to date market information.

Civil War —which cut off supplies of American cotton to Lancashire, created a boom in Indian cotton and large profits, part of which found its way into building cotton mills. High levels of technology and skill man power are essential for establishment and operation of these industries.

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Here is your brief note on Large Scale Industries

Handicraft industries include a large number of crafts backed by centuries of experience and skill. Cite this article Pick a style below, and copy the text for your bibliography.

Marketing of the products was propsed to be undertaken through co-operatives and Small-Scale Industries was given priority for the allocation of raw material. Education and social mobility essay. Large scale industries change the pattern of export.

Cote de lauriol explication essay sustainable development research paper pdf research paper on grief. They also serve to preserve handicrafts. Nepal has various significant natural resources but available resources are not fully utilized in Nepal due to the lack of industrial development.

The small-scale industries do not have any marketing organization and as a result their products quality is compared with the quality of the products of the large-scale industries.

This process has accelerated with the development of the computer and the robot.1. Provides employment opportunities: In Nepal, there is the problem of unemployment due to the seasonal nature of agriculture.

Development of medium and large scale industries help to remove the problem of unemployment by providing the large number of employment opportunities to unskilled, semi-skilled and highly skilled human resources.

Large scale industries change the pattern of export. In the old days, we exported skin, tea, jute, jute products, spices of different types, and cotton clothes to foreign countries. Due to the development of large scale industries, we are now able to export engineering products, heavy electric products and other industrial products.

Industry is the production of goods or related services within an economy. The major source of revenue of a group or company is the indicator of its relevant industry. [2] When a large group has multiple sources of revenue generation, it is considered to be working in different industries.

In India, industries with a fixed asset of more than one hundred million rupees are called large scale industries. These could be manufacturing units or others which use both indigenous and imported technologies. They cater to both the local and foreign markets.

Examples of large scale industries. Essay writing on small scale industries. 5 stars based on reviews Essay.

This entry was posted in Essay writing on small scale industries. Bookmark the permalink. Setup Instructions for v Leave a Reply Cancel reply. Your email address will not be. Essay Introduction: In India, the Small-Scale Industries play an important role in the growth of the economy.

Industries can be classified on the basis of their size in terms of money invested on the basis of investment, industries are classified into — Large-Scale Industries, Small-Scale Industries, Ancillary Industries and Tiny Industries.

Essay on large scale industries
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