light industry

light industry definition - business

light industry

An industry that generally requires modest capital investment and uses skilled employees to produce small, high-value products. Electronics companies often fall into the category of light industry. Compare heavy industry.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.