Answer :

Irrespective of whether you choose an agro based or a mineral based industry, the following things should always be taken into account regarding building up an industry, namely-

a. Power supply and availability of resources like water, raw material, etc.


b. A good network of communication regarding transport, telecommunications, etc.


c. A good source of labor supply including skilled ones too.


d. A good idea about the market where one is planning to set up its industry.


e. The government restrictions, incentives and availability of financial resources.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Lifelines of National Economy + Manufacturing Industries RevisionLifelines of National Economy + Manufacturing Industries RevisionLifelines of National Economy + Manufacturing Industries Revision47 mins
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

Match the followiTamil Nadu Board - Geography

Name the factors Tamil Nadu Board - Geography

Agro based and MiTamil Nadu Board - Geography

Name any five sofTamil Nadu Board - Geography

What are the byprTamil Nadu Board - Geography

Chota Nagpur PlatTamil Nadu Board - Geography

Manchester of IndTamil Nadu Board - Geography

the city known asTamil Nadu Board - Geography

Describe the factTamil Nadu Board - Geography

Define manufacturTamil Nadu Board - Geography