Question

What are the factors required to setting up an industry

Answer 1

Factors required to set up an industry:

Availability of raw materials: Raw materials should be easily available from nearby areas only.Labour: Labour should be skilled and easily available from the neighbouring areas only.Power supply: Without power supply, an industry cannot run, so it should also be available as per the requirements.Market: If it is a heavy material and a perishable good, market for the sale of the goods should

Answer 2

the factors required to setting up an industry are ..
1) power
2)capital
3)availability of raw materials
4)cheap and skilled labour
5)transportation facility
6)local market