industries are very important for the economic development of a country. what are the factors affecting the location of industries?
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Factors responsible for location of Industries
These are influenced by the availability of many factors. Some of them are: raw material, land, water, labor, capital, power, transport, and market.
Transport: Road/rail connectivity.
Power: To utilize the technology.
Technology: To turn the resource into an asset with value.
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Factors responsible for location of Industries
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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