Heavy Industry

Heavy industry does not have a single fixed meaning as compared to light industry. It can mean production of products which are either heavy in weight or in the processes leading to their production. In general, it is a popular term used within the name of many Japanese and Korean firms, meaning 'construction' for big projects. Example projects include the construction of large buildings, chemical plants, the H-IIA rocket and also includes the production of construction equipment such as cranes and bulldozers. Alternatively, heavy industry projects can be generalized as more capital intensive or as requiring greater or more advanced resources, facilities or management.

Amongst Japanese and Korean firms with "heavy industry" in their names, many are also manufacturers of aerospace products and defense armaments, along with being defense contractors to their respective countries' governments such as Japan's Fuji Heavy Industries and Korea's Hyundai Rotem, a joint project of Hyundai Heavy Industries and Daewoo Heavy Industries.

Read more about Heavy Industry:  Law and Government, Firm Names

Other articles related to "heavy industry, heavy, industry":

Heavy Industry - Firm Names - India
... List of Heavy Industries in India Bharat Heavy Electricals Limited Larsen Toubro Limited BGR Energy Systems AIA Engineering ...
Five-year Plans Of The People's Republic Of China - First Plan (1953–1957)
... socialist transformation of the agriculture and handicraft industries to put capitalist industry and commerce on the track of state capitalism so as to facilitate ... Gross output value from industry and agriculture rose from 30% in 1949 to 56.5% in 1957, while that of heavy industry increased from 26.4% to 48.4% ... for 70% of the gross output value of industry and agriculture and means of production accounting for 60% of the gross industrial output value as indicators of industrial modernization, which ignored the ...
Eastern Bloc Economies - Command Economy Elements - Heavy Industry Emphasis
... were required to follow the Soviet model overemphasizing heavy industry at the expense of light industry and other sectors ... countries, such that to create one, heavy industry needed to be built ... Heavy industry was given priority because of its importance for the military-industrial establishment and for the engineering sector ...
Economic History Of Vietnam - Subsidy Phase: 1976-1986 - The Third Five Year Plan (1981-85)
... the approximate proportion was 53 percent for industry compared with 18 percent for agriculture ... The plan also stressed the development of small-scale industry to meet Vietnam's material needs, create goods for export, and lay the foundation for the development of heavy industry ... Investment in light industry actually decreased by 48 percent while investment in heavy industry increased by 17 percent during the first two years of the plan ...

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