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What s should be ideal location for steel industry

Posted by Abhinav Kumar 5 years ago

CBSE > Class 10 > Social Science

1 answers

Gaurav Seth 5 years ago

(1) There is low cost of iron ore, since huge amount of raw material is required to run the industry.

(2) High grade raw materials should be in proximity so that transportation cost will not be very high.

(3) Cheap labor is available since huge manpower is required to run the machines.

(4) There should be vast growth potential in the home market.

(5) The place should have good transport facilities i.e. well-developed rail and road transport.

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CBSE > Class 10 > Social Science