what are the factors considered while selecting location for a foundry plant
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Plant location is vital as it influences capital investment and operating costs.
- The quality, effectiveness, competitiveness, and profitability of a company are all influenced by its location. The various factors considered are -
- Availability of raw materials in the selected location
- Availability of transport facilties in the selected location
- Close proximity to the market.
- Availability of power, fuel, or gas
- Disposal facility for waste products
- Proper water supply
- Availability of skilled manpower or labour
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