Question

Describe a brief account on the factorial location of large scale footloose industry in india?

Answer 1

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Footloose industry is a general term for an industry that can be placed and located at any location without effect from factors such as resources or transport.

Diamonds, computer chips and Mobile Manufacturing are some examples of footloose industries.

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Answer 2

ANSWER is:

1) Footloose industries refers to the processing of products that are neither weight-gaining, nor weight-losing, and face significant transportation costs.

2)Footloose industry is a general term for an industry that can be placed and located at any location without effect from factors of production such as resources, land, labour, and capital.

3)Diamonds, computer chips, and mobile manufacturing are some examples of footloose industries

4)These are generally non-polluting industries.

5)These industries often have spatially fixed costs, which means that the costs of the products do not change despite where the product is assembled.

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