what are the basic requirements needed for setting up a factory or industry
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Factors required to settle up a factory are—>
X] Land- where the factory can be constructed
X] Workers- who can work in the factory
X] Raw material- on which work has to be done
X] Machinery- for excess production of goods
X] Transport facility- so that raw material can be received and goods can be sent, and through which workers can come and go
X] electricity- to run the machineries
X] Land- where the factory can be constructed
X] Workers- who can work in the factory
X] Raw material- on which work has to be done
X] Machinery- for excess production of goods
X] Transport facility- so that raw material can be received and goods can be sent, and through which workers can come and go
X] electricity- to run the machineries
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Answer:
These include the availability of labor, water supply, electricity supply, transport system, effective communication system and so on. Apart from this, availability of the raw materials is the most essential factor which has to be keenly considered.
Explanation:
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