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Which factors helped in the growth …

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Which factors helped in the growth of indutrialization in india in the first half of 20th century
  • 2 answers

Kumari Gunjan 2 years, 8 months ago

Factors that can Help in growth of industrialization in India are - 1) Raw Material: India is richly endowed with a variety of minerals. It is self-sufficient in materials for making steel, aluminium, cement and other products because of the availability of minerals. The agricultural produce like sugarcane, jute and cotton are also responsible for the growth of textile industry, sugar industry and jute industry. 2.) Power: Regular supply of power is a must for the localization of certain industries like iron and steel, aluminium, electrometallurgical and electrochemical industries which need large quantities of power. HEP, thermal power and other sources of power are available in India. So, these industries developed in India. 3) Labour: Modern industry still requires a large number of workers despite the increasing mechanisation. Location of any industrial unit is determined by the availability of skilled and unskilled supply of labours.

Pratik Amrale 2 years, 8 months ago

Trade expansion
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