1. which place is suitable for setting up industries?
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1⃣ it is the place which have more amount of natural resource because it gives the basic need for industries
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2⃣the suitable place of industries give close market bescause it gives for raw material.
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The place having all the required conditions( given below) is suitable for setting up of industries:
1. Availability of raw materials
2. Availability of transport
3. Availability of land at a cheaper rate and with all facilities nearby
4. Industrial estates that have pre-built factory sheds or plots
- The economy related to transportation costs, raw materials, labour and capital need to be considered.
- Facilities are also provided by the government like subsidy on rent, water and power, exemption of taxes and many more.
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