Question

5.
Industries are situated where their factors of production are suitable and easily available. For example, most
fish oil and sea food processing factories are located in the coastal areas, and most oil refineries are located
near sources of petroleum and crude oil. Sometimes, governements provide incentives like subsidised power,
lower taxes and transport costs, and other infrastructure to promote industria growth in economically
backward areas. Which of the following factors affect the location of industries?​

Answer 1

1.Availability of raw material

2.Availability of govt. policies for certain locations

3.Nearness to markets

4.Proper and uninterrupted power supply

5.Industries also set up near growing urban areas to form agglomeration economies and nearness to urban areas provides services like banking, transport, etc.

Hope it helps!