What are the basic requirements for setting up any industry?
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Answer:
There are certain pre-requisites which have to be fulfilled for setting up any industries. These include the availability of labor, water supply, electricity supply, transport system, effective communication system and so on.
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Explanation:
The area where the Industry is being set up should have the following requirements met:
-Available Labor
-Available Transport
-Adequate supply of water
-Proper means of communication
-A good source of the mineral the industry is based on (for eg. Steel industries should be located near Iron mines)
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