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Factors affecting the location of industry - Coggle Diagram
Factors affecting the location of industry
Human
Access to market
What is the distance from the site to the market?
What is the cheapest form of transport available?
Are the consumers nearby?
Skilled labour
Are there enough skilled workers available?
What is the average salary for a skilled worker?
Power supply
What sources of power are available and at what cost?
Industrial linkage
Are there industries in the area you can benefit from?
Capital
Government policies
Are there government incentives to develop a new industry?
The government has classified some areas as backward areas where the entrepreneurs would be granted various incentives
Availability of raw materials
Are sufficient raw materials available near by?
Will the supply of raw materials be reliable?
Being near the raw materials, reduces the costs of production
Site requirement
Is there cheap land available?
Is the land flat enough to build on?
Weather and climate
Will the weather conditions impact the processes?
Will you be able to produce products in rain, droughts etc.?
Natural routes
Is there a natural land or sea route which provides speedy and cheap transportation?
Rivers
Miscellaneous factors
