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factors responsible for industrial location

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Factors responsible for industrial location

1) Industrial locations are influenced by availability of raw material, labour, capital, power, and market.

2) Manufacturing activity tends to happen at one appropriate place where all the factors of industrial location are easily available or can be arranged at lower costs.

3) Government policies and availability of specialized labour also influence the location of industry

4) Sometimes, industries are located in cities also where services like demand market, banking, insurance, transport, labour, consultants, and financial advice are easily available, thus making industrialization and urbanization go hand in hand


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