What factors are required to set up an industry in a region?
Factors required to set up an industry:
- Availability of raw materials: Raw materials should be easily available from nearby areas only.
- Labour: Labour should be skilled and easily available from the neighbouring areas only.
- Power supply: Without power supply, an industry cannot run, so it should also be available as per the requirements.
- Market: If it is a heavy material and a perishable good, market for the sale of the goods should