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    Factors Affecting Location of Industries

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    Ajith Joe
    Several key factors affect the location of industries: Raw materials are essential for manufacturing industries and industries that require large amounts of raw materials are often located near sources. Power resources are important for energy-intensive industries which are typically located near sources of energy. Labor supply is another important factor, especially for labor-intensive industries which may be located near available labor pools.

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    Factors Affecting Location of Industries

    Uploaded by

    Ajith Joe
    236 views1 page
    Several key factors affect the location of industries: Raw materials are essential for manufacturing industries and industries that require large amounts of raw materials are often located near sources. Power resources are important for energy-intensive industries which are typically located near sources of energy. Labor supply is another important factor, especially for labor-intensive industries which may be located near available labor pools.

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    Several key factors affect the location of industries: Raw materials are essential for manufacturing industries and industries that require large amounts of raw materials are often located near sources. Power resources are important for energy-intensive industries which are typically located near sources of energy. Labor supply is another important factor, especially for labor-intensive industries which may be located near available labor pools.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    236 views1 page

    Factors Affecting Location of Industries

    Uploaded by

    Ajith Joe
    Several key factors affect the location of industries: Raw materials are essential for manufacturing industries and industries that require large amounts of raw materials are often located near sources. Power resources are important for energy-intensive industries which are typically located near sources of energy. Labor supply is another important factor, especially for labor-intensive industries which may be located near available labor pools.

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    FACTORS AFFECTING LOCATION OF INDUSTRIES FACTORS AFFECTING LOCATION OF INDUSTRIES Before an industry is located at any place, certain basic

    requirements have to be considered. Not all of them are required all the time for each and every industry; however, nor can the location of an industry be guided by a single factor. All these factors must be researched and analysed before an industry is established if the expectations of economic production are to be met. Raw materials are basic requirements for manufacturing industries. Weight-losing industries e.g., cement, sugar (to quintals of sugarcane is needed to produce 1 quintal of sugar) are located near the source of raw material. On the other hand, foot-loose industries are independent of raw material sources, e.g., garment and electronics industries, and can be established practically anywhere. Power resources are important for energy-intensive industries such as aluminium and polythene bags industries which are located near the energy sources. Labour supply is another important factor particularly for the labourintensive industry, e.g., construction industry. To an extent, labour can be brought. to a site from other regions. Means of transportation and communication playa special role in bringing raw material to the factory and finished products to the market, e.g., cheap water transport has facilitated the development and concentration of jute mills in the Hooghly region. Market facility also influences industries, many of which are located near large urban centres because the potential buyers are easy available. Other factors like financial facilities, climate, industrial incentives and government facilities also matter. In India one could get more subsidised raw material, very low rate of interest on capital and 9!her incentives for establishing an industry in the 'Backward Regions' or in 'No Industry District' .

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