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2. Two friends Ravi and Raaj, inspired by the 'skill India' initiative of the government, decided to start a manufacturing unit of air purifiers due to the high level of pollutants in the air. The product faced mixed responses from the market. It was decided to arrange parts of the product from small and medium enterprises located in the nearby villages. They further decided to sell these units within the country, took loans from the Axis bank under MSME Scheme, and hired the services of BLUEBIRD CARGO to make the goods available in the market and Satya Trading. Corporation for the storage of goods to meet the expected rise in demand.
A. Identify and explain the type of manufacturing industry being carried on.
B. State the type of trade as per geographical concentration.
C. Name the auxiliaries to trade highlighted in the above case.

Respuesta :

anthougo

A. The type of manufacturing industry being carried on by Ravi and Raaj with the manufacturing of air purifiers is Gadget manufacturing.

B. The type of trade as per geographical concentration is national trade.

C. The auxiliaries to trade highlighted in the above case include:

  • Banking
  • Marketing
  • Logistics or Storage.

What are the types of manufacturing industries?

Types of manufacturing include:

  1. Clothing and Textiles
  2. Petroleum, Chemicals, and Plastics
  3. Electronics (Gadgets), Computers, and Transportation
  4. Food Production
  5. Metal Manufacturing
  6. Wood, Leather, and Paper industries.

Thus, the type of manufacturing industry being carried on by Ravi and Raaj with the manufacturing of air purifiers is Gadget manufacturing.

Learn more about the manufacturing industry at https://brainly.com/question/26254445

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