Geography

What are the factors responsible for the establishment of an industry?

Industries

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Answer

The factors responsible for the establishment of an industry are:

  1. Availability of large areas of level land
  2. Regular and assured supply of raw materials
  3. Cheap and adequate power supply
  4. Adequate supply of skilled labourers at reasonable wages
  5. An efficient network of transport at reasonable rates
  6. Nearness to market for quick sale of manufactured goods
  7. Some industries, such as paper, need large quantity of water. Thus, those industries are usually located near rivers, canals or lakes.
  8. Availability of capital from banks and the government
  9. Government policies

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