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24/, , , , on, , Classification of Industries, , naustries are classified on the basis of the following criteria, (i) On the Basis of Raw Materials used, , " Agro-based Industries - Cotton, woollen, jute, silk, textile, rubber, sugar, tea, coffee and edible oil., , " Mineral-based Industries - Iron and steel, cement,, aluminium, machine tools, petrochemicals., , (ii) On the Basis of Role Played by them, , " Basic or key industries - Industries which supply, their products as raw materials to other industries., €.g. iron and steel, copper smelting, aluminium, smelting. ., , " Consumer industries — Industries which produce, goods for direct consumer use. €.g. sugar, paper,, toothpaste, sewing machines, fans etc., , (iii) On the Basis of Capital Investment, , * Small scale industry - Industries with Investment, upto 1 crore, , " Large scale industry - Industries with Investment, above 1 crore., (iv) On the Basis of Ownership, , = Public sector - Owned and operated by government, agencies e.g. BHEL, SAIL etc, , = Private sector - Owned and operated by individuals or, a group of individuals e.g. TISCO, Bajaj Auto Ltd,, Dabur Industries., , « Joint sector venture - Jointly run by the state and, individuals or a group of individuals e.g. Oil India, Ltd., , * Cooperative sector-Owned and operated by the, producers or suppliers of raw materials, workers or, both. They pool in the resources and share the profits., Ortosses proportionately such as the sugar industry in, Maharashtra, the coir industry in Kerala., , (v) On the Basis