- Feb 26, 2013
Following are some low end/ labour intensive sectors:
Textiles (both cotton and mmf),
All these sectors require little to no skill for employment. Besides, these sectors provide mass employment (sometimes a single textile factory can provide employment to the tune of several hundred thousands); hence the name. These sectors are perfect for newly liberalized emerging economies who have semi-skilled / unskilled labourers aplenty.
All the sectors you mentioned do require certain skills which we call as tradeskills,especially in mining and petrochemicals.You cannot hire any Tom and jerry or a roadside welder and mechanic or your padoswala electrician to work there.
As for employment,these sectors no longer a hub of mass employment.Industries are rapidly shifting to automation.Industrial jobs are shrinking day by day,a big cause of concern.