Q.Write a short note on: Construction industry

Industries are classified along two independent dimensions. By nature of output: basic/key industries (iron and steel, coal, power) supply essential inputs to the rest of the economy; capital-goods industries (machine tools, heavy electricals) manufacture the machinery other industries need; consumer-goods industries (textiles, food processing) produce goods for direct household use. By scale of operation: large, medium, small (MSME) and cottage/village industries differ in investment size, labour intensity and typical location. These two classifications are independent of each other — a consumer-goods industry can be either large-scale (a big textile mill) or cottage-scale (han …