'Determining an ideal industrial location is a challenging undertaking.'
Examine the above statement and elucidate.
Answer:
Answer to be written in exam
The location of industries depends on a number of physical and socio-economic factors.
-
Industrial locations
are complex in nature as they are
influenced by the availability of raw materials, labor, capital, power, market
, etc. For instance,
Steel centers are developed where coal and iron are easily available
. Similarly,
Jute mills in West Bengal and the cotton textile mills in Maharashtra are located due to the availability of raw materials.
-
Manufacturing industries
tend to
locate
at the most appropriate place where all the
factors of industrial location
are either available or can be
arranged at a lower cost
, which is the key determining factor.
-
Industrialization and urbanization go hand in hand
. The
industry provides employment
to the people of the area and
cities provide markets
as well as
services
like banking, insurance, transport, labor, consultants, etc. to the industry.
-
In the pre-Independence period, most
manufacturing units were located
near
seaports
from the point of view of overseas trade such as Mumbai, Kolkata, Chennai, etc.
- Government policies and specialized labor also influence the location of industries. Government policies allowed industries to access advanced technologies and provide employment opportunities to compete with foreign markets.
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