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Explain any three factors of industrial location?

Transportation is an important factor for the location of industry. It is important to have proper roadways, railways to transport raw materials and finished goods from the industry to its desired location. Another important factor is access to markets. Finished products from Industries need easy access to markets without which it would be difficult to sustain. You can read about the Distribution of Major Industries in India – Location & Factors in the given link.

Another important factor, i.e. capital, determines the size of the industry. If the available capital is less and if the Government provides financial incentives then it plays an important role in establishing the industry.

Further readings:

  1. Make In India – Initiatives, Aims, Advantages & Challenges 
  2. Defence Industrial Corridors (DICs) in Uttar Pradesh, Tamil Nadu – Significance

Related Links

Index of Industrial Production

List of Maharatna Companies – Central Public Sector Enterprises (CPSEs)

Industrial Policy in India – (Industrial Policies – 1948 to 1991)

Micro, Small and Medium Enterprises (MSME): Classification and Importance

Special Economic Zone (SEZ) – Mechanism, Incentives

National Investment and Manufacturing Zones (NIMZ): Notes for UPSC

Previous Years Economics Mains Questions for UPSC General Studies Paper – 3

Download Indian Economy Notes For UPSC Examination

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