Industries

An industry is the home of production of raw materials goods into a final product. The word industry comes from Latin word "industria", which means "diligence", which reflect the disciplined way of human energy, natural resources, and technology.

An industry is the group of people working in enterprises to form a final product. There are various kinds

of industries which produce different products like gold, beverages, steel, textiles, lumber and other physical items. There are also other industries which provide transportation services to the people like an airline, railway, road etc. and also other industries which provide food and beverage services like restaurants, hotels, pubs, etc. Industries also may be classified as primary and secondary according to their production and raw materials used.

Importance of Industry

Nepal is an agricultural country. Development of industries is the base for the development of the whole nation. Without industrial development, there is no progress in the development activities of a nation. There are several sectors of industries which help in the development of a nation like education, health, and communication. There are some significances of industries which are as follows:

• Utilization of resources
• Support to agriculture
• Infrastructural development
• Development of handicraft
• Creates employment opportunities

Categories of Industries

The industries can be classified into following on the basis of capital, manpower and raw materials.

1. Cottage and Small Scale Industries
2. Medium Scale Industries
3. Infrastructural Development

Industrial Estates in Nepal

According to the Industrial Development Act, 2054,a cottage industry is an industry which can be established by local material and skills. It can be established with low capital.
Small industries required fixed capital up to 30 million, medium industries required capital from 30 million to 100 million, whereas large industries required capital of more than 100 million.

Some of the large industries of Nepal are given below with their location:
Cement Industry: Hetauda, Udaipur, and Tanahu
Sugar Industry: Birgunj, Biratnagar, Nawalparsi, Bhairahawa, Mahottari, and Sarlahi
Paper Industry: Nawalparasi and Dhanusha
Cotton Textile Industry: Western Terai
Jute Industry: Biratnagar, Dharan

Apart from these industries, there are tea, cigarette, match, leather and much more industries located in various part of the nation. Although these industries pay large amount tax to the government which helps in the national economy of a nation, there are various kinds of problems. Some of them are as follows:

• Lack of capital
• Lack of skilled manpower
• Shortage of machinery equipment and technology
• Limited market
• Defective industrial policies

Tourism Industry

Tourism is another important factor of Nepalese economy. It is the largest industry in Nepal and also largest of foreign exchange and revenue. It is creating many opportunities for the people who live in rural

places where there is no good roads or no roads. Our natural beauty is also one of the main reasons for the development of tourism. Every year more than a million tourists come to visit Nepal which directly brings changes in the national economy. A tourist not only gets to enjoy the trip with majestic views of the various peaks but also gets an opportunity to understand the culture, hospitality of Nepalese people and village life of our country.

Things to remember

• The word industry comes from Latin word "industria", which means "diligence", which reflect the disciplined way of human energy, natural resources, and technology.
• An industry is the group of people working in enterprises to form a final product. 
• Tourism is the largest industry in Nepal and also largest of foreign exchange and revenue. 

• It includes every relationship which established among the people.
• There can be more than one community in a society. Community smaller than society.
• It is a network of social relationships which cannot see or touched.
• common interests and common objectives are not necessary for society.

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