Definition of «industrial sector»

The industrial sector refers to businesses and organizations involved in manufacturing, production or processing of goods. This includes companies that produce physical products such as machinery, equipment, consumer goods, chemicals, textiles, food, beverages, etc., using raw materials and labor inputs. The industrial sector is a vital part of the economy, contributing to economic growth, employment opportunities, and exports. It plays an important role in shaping the overall performance of the economy by influencing other sectors such as agriculture, services, and trade.

Phrases with «industrial sector»

Sentences with «industrial sector»

  • Our team has deep experience in a variety of industrial sectors, allowing us to provide practical advice and innovative solutions along with market leading technical know - how. (lawyer-monthly.com)
  • (21) The other industrial sector accounted for 8 percent of total coal consumption in 1992, slightly less than in 1980. (eia.gov)
  • The country plans to expand the trading scheme to other high - polluting industrial sectors as the market becomes more established. (wri.org)
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