Factory Vs Industry Is there any difference

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Factory Vs Industry Is there any difference
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Factory Vs Industry Is there any difference between factory and industry? Though factory and industry are intertwined, but there is a significant difference between the two. Factory- is a manufacturing plant. Actual location where the

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01
Factory Vs Industry Is there any difference between factory and industry?

Though factory and industry are intertwined, but there is a significant difference between the two.

Factory- is a manufacturing plant. Actual location where the materials or products are produced.
Ex. Maruti Suzuki, HM, Ford.

Industry- refers to production of material or service,
it also refers to group of companies that produce same materials, products or service.
EX. Garment Industry, Automobile Industry, IT industry<br>
02
Factory means…. any premises in which 10 or more workers are employed and a manufacturing process is carried with the aid of power.
any premises in which 20 or more workers are employed and a manufacturing process is carried without the aid of power.<br>
03
The factories Act, 1948 Introduction
The first factories act was passed in 1881. Its comprehensive version was introduced in 1911. It was later amended several times.
following the recommendations of Rege Committee, the Government of India enacted the Factories Act, 1948, a comprehensive piece of legislation which came into force from 1 April, 1949.<br>