Describe the non-geographical factors required for the localisation of industry ?
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The non-geographical factors required for the localisation of industry
The non-geographical factors which are associated with the localisation of the industries are mostly dependent on the local population, the labour, the investment and return ration and also most importantly the distance from the epicenter of the business.
These are some minute reasons which affect the localisation of a business in the country of India. If the labour of the place is available at a cheap rate then it lures the investors’ big time.
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