question_answer

Explain any four factors which influence the industrial location.                                             [Foreign 2008]

Answer:

Four Factors affecting the industrial location are as follows:

(i) Industrial location is influenced by availability of raw material, labour, capital, power and market.

(ii) Manufacturing activity tends to locate where all the factors of industrial location are either available or can be arranged at lower cost.

(iii) Cities provide large market and other services like banking, insurance, transport, labour, consultants and financial advice etc.

(iv) Heavy industries like Iron and steel should be located in close proximity to the source of raw materials and well developed network of transport. For example, Chotanagpur region.