Raw material example sentences
Capital is required for investment in fixed assets like land, building, machinery and equipment and in current assets like raw materials, book debts, stock of finished goods, etc.These are intermediate goods, mostly used as raw material or inputs for production of other commodities.The part of raw material which gets used up is categorised as an intermediate good.What crossed the boundaries of these countries were raw materials, food stuff and finished products.But today, humidity can be created artificially, and raw cotton is a pure and not weight losing raw material, so this industry has spread to other parts of India.Forest based industries utilise forest produce as raw materials.All the produce is used as raw material in respective industries.This is used as raw material for the manufacture of a number of other products, such as heavy machinery, building materials and railway coaches.In this way the finished product has more value and utility than the raw material that it is made from.Earlier, in 1845, weavers in Silesia had led a revolt against contractors who supplied them raw material and gave them orders for finished textiles but drastically reduced their payments.Small-scale industry also needs government's support for procuring raw material and marketing of output.As per AS-3, operating activities are the activities that constitute the primary or main activities of an enterprise, for example, for a company manufacturing garments, procurement of raw material, incurrence of manufacturing expenses, sale of garments, etc.In a manufacturing concern, raw materials are purchased, processed further into finished goods and then sold.Colonies such as India exported raw materials and food stuff and imported finished goods.Agro based industries use plant and animal based products as their raw materials.
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