question_answer

  Explain any three factors affecting the localisation of industries with suitable examples.            Or Explain any three factors that influence the location of an industry.

Answer:

                  The factors affecting the location of industry (any three) (i) Availability of raw material The factory needs to be close to the location of raw material if they are heavy and bulky to transport e.g., iron and steel and cement industries are located near the source of raw material. If cuts down the cost of transportation. (ii) Labour A large cheap labour force is required for labour-intensive   manufacturing   industries. High-tech industries have to locate where suitable skilled workers are available. (iii) Power Its supply is needed for working of the machines in a factory. Early industries were near to coalfields. Today electricity allows more freedom. (iv) Capital This is the money that is invested to start the business. The amount of capital will determine the size and location of the factory. (v) Transport A good transport network helps to reduce costs and made the movement of materials easier. (vi) Market An accessible place to sell the products is essential. (vii) Government policies: Industrial development is encouraged in some areas and restricted in others. Industries that are located in depressed areas may receive financial incentives and assistance from the government in the form of low rent and tax rates.