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What makes a location favourable for setting up to industry

Posted by Neha Mewara 4 years, 9 months ago

CBSE > Class 10 > Social Science

3 answers

Adithya Dev A 4 years, 9 months ago

Locational factors for setting up industries are:- 1) Low cost of production. 2) Availability of raw material. 3) Proper power supply. 4) Cheap and skilled labour. 5) Nearness to market. 6) Proper transportation and trade facilities. 7) Government policies.

0Thank You

Himanshu Sharma 4 years, 9 months ago

The favourable conditions for setting up to an Industry are; 1. Availability of Raw material at a very cheap cost. 2. Cheap Labour. 3. Have a good facility for providing a market. 4. Have a very good facility of Transportation.

1Thank You

Lohith Ram 4 years, 9 months ago

The Following makes a location favourable for setting up an Industry: *Availability of Raw materials at a lower cost. *Low Transportation and Distribution price. *Cheap Labour. *Services Availability like Banking,insurance,etc. *Favourable Govt. Policies.

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CBSE > Class 10 > Social Science