Describe loclization factors of industry in detail.
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Industrial locations are complex in nature. These are influenced by the availability of many factors. Some of them are: raw material, land, water, labor, capital, power, transport, and market. For ease of convenience, we can classify the location factors into two: geographical factors and non-geographical factors.
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Following are the important geographical factors influencing the location of industries.
Raw Materials: ADVERTISEMENTS: ...
Power: Regular supply of power is a pre-requisite for the localisation of industries. ...
- Labour: ...
- Transport: ...
- Market: ...
- Water: ...
- Site: ...
- Climate:
Factors Affecting Localization of Industries
- Availability of Raw Materials. ...
- Labour Supply. ...
- Proximity to the Market. ...
- Transport and Communication Facilities. ...
- Power and Fuel. ...
- Climatic Consideration. ...
- Supply of Capital. ...
- External Economies.
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