Economic Sectors and Infrastructure

Big business involves large-scale corporate-controlled financial or business activities. As a term, it describes activities that run from "huge transactions" to the more general "doing big things".

Agriculture is the mainstay of the state of Maharashtra. Maharashtra's economy is predominantly agrarian. Agriculture and allied services play an important role in the economic development of the state.

Maharashtra is an industrially advanced state. Industrial sector plays major role in the economic development of Maharashtra. It leads to diversification of markets, generates higher incomes and higher productivity.

The main occupation of the people of the Ganga-Brahmaputra basin is agriculture. This is because the rivers make the soil of the basin very fertile and also the climatic condition of that region is favorable. 

There are 7 public sector shipping industries in India. These are:

Four major shipbuilding centres in India are located at Vishakhapatnam, Kolkata, Kochi, and Mumbai. Hindustan Shipyard Ltd (HSL) and Cochin Shipyard Ltd. (CSL) are the well established public sector yards. It is a large and complicated industry which requires huge capital investment. 

In simplified terms, the consumer industry  that produce goods for direct use by consumers, that means the finished goods by this industry can be directly used by consumers, for eg, toothpaste, paper, textiles, etc as opposed to the capital goods industry, which manufactures goods for sale to other companies.

Agriculture is the largest user of fresh water resources, consuming 70% followed by industry (20 %) and municipalities account for remaining 10%.

The Chambers of Commerce and Industry was formed as an association of business and industrial houses to promote and protect their common interest and goals. Many such chambers where formed and are present in the country. For example, ASSOCHAM, Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce and Industry (FICCI). These associations or chambers regard themselves as the national guardians of trade, commerce and industry.

Big business involves large-scale corporate-controlled financial or business activities. As a term, it describes activities that run from "huge transactions" to the more general "doing big things.

Agriculture has been an essential industry for nearly all major economies in the world. These countries use agriculture to drive international trade and create jobs. In the United States, agriculture is one of the most export dependent sectors of the economy with one-third of US agricultural production exported annually. Developing countries have realized the importance of creating economic growth through agricultural production and exports. With an increasing global population, agriculture has provided emerging economies opportunities for growth and integration into the global economic picture.

Industry is an economic activity where as Commerce is a business activity- this is a true statement. Industry is concerned with the procurement and processing of raw materials into finished goods and thus it is an economic activity. Commerce is classified as a business activity as the it  deals with the exchange of goods and services for value.

Under the MSME Development Act, a small enterprise in the manufacturing sector is defined by an investment in plant and machinery between Rs. 25 lakh and Rs. 5 crore.

Under the MSME Development Act, a medium enterprise in the manufacturing sector is defined by an investment in plant and machinery between Rs. 5 crore and Rs. 10 crore.

According to the MSME Development Act in India, a micro enterprise in the manufacturing sector is defined by an investment in plant and machinery not exceeding Rs. 25 Lakh. This was the historical threshold before recent revisions.