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​Which of the following is an example of the cooperative sector industry?​
Question

​Which of the following is an example of the cooperative sector industry?​

A.

​Steel Authority of India Limited​

B.

​Dabur Industry​

C.

​Coir Industry ​

D.

Bajaj Auto Limited

Correct option is C

  • The coir industry is an example of a cooperative sector industry.
  • Cooperative sector industries are owned and operated by the suppliers of raw materials, producers, or both. In these industries, the owners, employees, and suppliers share the profits, losses, and resources proportionally. 
  • Coir industry: Coir is a natural fiber extracted from the outer husk of a coconut. It is used to make products like floor mats, brushes, doormats, and mattresses. 

Other examples of cooperative sector industries include: 

  • The sugar industry in Maharashtra
  • Amul
  • Kerala Co-operative Milk Marketing Federation
  • Karnataka Milk Federation (KMF)
  • Indian Farmers Fertiliser Cooperative Limited
  • Indian Coffee House
  • Horticultural Producers' Cooperative Marketing and Processing Society

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