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Q.Explain any five characteristics of ‘high tech industry’ in the world.

(OR)
Explain any five characteristics of ‘large scale manufacturing’ in the world.
CBSECBSE Class XII Board 2019Subjective· 5mImportance★★★★★
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Part (a): High-tech industry — intensive R&D, skilled professional workforce, rapid obsolescence, footloose location in clean technopolises, regional concentration.

Part (b): Large-scale manufacturing — huge capital, specialization/division of labour, mass production of standardized goods, power-driven machinery, large markets.

Manufacturing worldwide can be classified by the technology and scale it uses. "High-tech" industry sits at the frontier of that spectrum, while "large-scale" manufacturing is the classic heavy, mass-production model. The two questions ask for five characteristics of each.

High-technology industry is the latest generation of manufacturing, driven by science and information rather than by bulky raw materials.

  • Intensive research and development: A very large proportion of resources and personnel is devoted to R&D. Continuous innovation is essential in fields such as electronics, computers, aerospace, biotechnology and pharmaceuticals, where scientific advance directly creates the product.
  • Highly skilled professional workforce: These industries employ a high proportion of professional, technically qualified white-collar workers — scientists, engineers, designers and managers — who outnumber the manual production workers. This professional-to-production ratio is the single clearest marker of a high-tech firm.
  • Rapid product obsolescence and short product cycles: Because innovation is so fast, products become outdated quickly and must be constantly redesigned and replaced, demanding agility and repeated reinvestment.
  • Location in technopolises and clean, attractive environments: High-tech firms cluster in planned science parks or "technopoles" near universities, research institutes, airports and major highways, choosing pleasant, low-pollution surroundings to attract and keep skilled staff. California's Silicon Valley is the classic example.
  • Footloose character and regional concentration: Freed from dependence on raw materials or heavy energy, high-tech industry is footloose, yet it concentrates in a few favoured regions where skilled labour, capital and information networks are available.

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