Energy and utilities are the backbones of modern industry and our day-to-day lives. Electricity which comes from hydel power helps our trains run, supports our hospital’s function, and keeps our homes well-lit and comfortably warm/pleasantly cool, as the need might arise. When we talk of energy and utilities, what comes to mind are oil and […]
Raw Materials & Natural Resources
This sub-type of the industry comprises companies that produce raw materials like iron ore for the iron and steel industry, chemicals for the pharmaceutical and other industries, and cement for construction. They are closely related to the manufacturing sector. More often than not, this industry looks for people with civil engineering experience. The companies undertaking […]
Healthcare
Healthcare services manufacture products aimed at preventing diseases or controlling their adverse effects. In some cases, healthcare products merely keep the patient comfortable while not actually treating their illness. This class of products is palliative in nature. Mainly, this field comprises biotechnology, healthcare, medical devices and pharmaceuticals. Run-through: The sub-industries within Healthcare 1. Biopolymers and […]
Telecoms & Media
A telecommunications company and media houses are primarily responsible for the transmission of signals, messages, information, and infotainment. This industry majorly focuses on new technologies. Run-through: The sub-industries within Telecoms & Media 1. Information Services: These are companies or organizations such as newspaper houses that provide knowledge and information on a variety of current topics […]
IT
This is a huge sub-industry that focuses on developing and creating software or hardware to run computers and manage computers and their operations. A never-dying and always evolving industry, the information technology spending would go up to 5.3 trillion USD by 2022. Computer science is a discipline in itself, and individuals interested in this line […]
Consumer Discretionary
Consumer discretionary refers to a category for services and goods that aren’t essential. For instance, you would consider wheat and rice as essential products but streaming services as non-essential. So, when will a consumer invest in this category of services? Consumers will only purchase this category of products when they have enough funds to pay […]