This website includes study notes, research papers, essays, articles and other allied information submitted by visitors like YOU. Certain cash incentives and concessions are also given by Govt, in order to promote a particular industry in a particular region. But at present, there are several other sources of power, e.g. There are various reasons responsible for such a concentration of industries in a particular region viz., (i) availability of required type of labour in a particular region, (ii) facilities of repairs and maintenance on account of many repair shops and workshops operating in the areas, (iii) Availability of transport, communication, banking and insurance facilities, (iv) Facilities of managerial consultations and advice are also available. Disclaimer 9. The main aim of any industrial undertaking is to have maximum production with minimum cost. A simple repositioning of functionalities to give added attention – like moving the Shopping Cart to a more visible location – can already improve the user-friendliness of your site over your direct completion. Climate also affects the efficiency of labour. Before publishing your Articles on this site, please read the following pages: 1. On the other hand, unhealthy competition retards the industrial growth in a region. Faridabad in Haryana developed as an industrial town on account of availability of both rail and road transportation. Phagwara serves another very good example of this type. Banks, stock exchanges and other similar institutions help in capital formation and expansion of industry by providing financial help to it from time to time. Quizlet makes simple learning tools that let you study anything. TOS4. Some of the factors are: 1. Large concerns can afford to have a separate research department to meet this end, but in case of small and medium industrial units such facilities may be provided by specialised scientific and research institutions. There is a tendency for an established industry to remain localised in a particular areas in which it arose even after some of the original advantages possessed by that area for such work have lost their previous importance. Alford Weber has given another type of raw materials called ubiquitous like clay sand and water which are found everywhere and as such do not affect the location of an industry. Every manufacturing industry requires cheap and efficient means of transportation for the movement of both raw-materials from the source of supply to the factory and finished product from the factory to the markets or the centres of consumption. Labour implies both the skilled and unskilled workers needed for different types of activities. Labour Supplies: For the successful and un-interrupted working of a factory, availability of adequate … egear7. Proper and right choice of location is instrumental in future success of the business. The basic aim of selecting a particular mode of transportation should be minimum transportation cost with maximum transportation service. This is because banking has become indispensable part of modern business. For example, at Manimajra (a small town near Chandigarh) a few small automobile spare parts shops started about two decades back, but now a fully fledged automobile market has developed in that area. It is easier and cheaper to produce a film in Bombay than in any other part of the country. This is possible only when the market is not far away. Kimball and Kimball have rightly pointed out that “The ideal plant is one centrally located and directly served by water, rail, trucking and air facilities”. Existence of such specialised institutions must be kept in mind before starting an industrial unit. Rapid development of hydro-electric power has provided wider choice for location of industrial units even at far flung and remote areas. Content Guidelines 2. Criteria and factors affect site selection for industrial building Environmental consideration is playing the significant role in industrial building construction. The behaviour of the existing buildings or structures neighbourhood may guide in deciding the type and the depth of … Availability of cheap power and fuel supply sources is another decisive factor in selecting proper location of an industrial unit. Efficient workers are found in cool climatic regions. The area for location should be such as to provide all possible opportunities for future development and expansion of the industrial unit without involving extra cost. Similarly topography (e.g., hilly or rocky surface) of a place also influences location of an industry. Start studying Site. PLAY. Share Your Word File Markets may be national or regional. Locally available resources - One also needs to find out what the locally available resources are. A careful thought to all these rules, regulations and provisions of Act must be given before the establishment of an industrial unit. (ii) Textile factories in Gujarat and Maharashtra. These days the government plays an important role in determining the location of new industries. Certain merchants belonging to Ahmedabad have made that place a leading textile centre of India. Proper and right choice of location is instrumental in future success of the business. Skilled labour is available only at specific centres. Prior permission and licence is necessary under the Act before the setting up of a new industrial unit. No productive activity is possible without the availability of adequate capital. Share Your PDF File The various factors are divided into two categories viz., […] Nearness to banks and other financial institutions is an important consideration now-a- days in deciding location of an industrial unit. A few industries start at a place and gradually other similar type of industries start at that particular place. In case of rural and small scale industries, banks and financial institutions play an important role and provide invaluable service in order to cater their financial needs. The production of goods is undertaken with the aim of selling them quickly which is possible only on account of nearness to market. Before establishing an industrial unit in a particular region, buying habits, tastes, likes and dislikes of people in that area must be taken into consideration. Prohibited Content 3. the area in which a tree or a stands grows; the environment of a site determines the type and quality of the vegetation the area can carry. Report a Violation, Factors Affecting the Location of an Industrial Unit: (i) Primary and (ii) Secondary, Plant Location: 11 Factors that Influence the Selection of Plant Location, Production Planning: it’s Meaning and Objectives. This becomes a very important element in the design process. For example—The development of the dying and printing industry in Farukhabad and the glass industry in Ferozabad d have been mainly located there due to the availability of skilled labour in these towns. Our mission is to provide an online platform to help students to discuss anything and everything about Economics. There should be an easy approach to the place of raw-materials. Soil and climatic conditions are very important for the establishment of various type of industries like tea, coffee, rubber and tobacco. Before publishing your articles on this site, please read the following pages: 1. In order to develop industries on sound lines, Govt, has declared certain areas as industrially backward or special economic zones. (iii) Jute works in Bengal owe their success on account of easy availability of raw-materials. Image Guidelines 5. Content Filtrations 6. Sometimes personal likes had dislikes also influence location of a particular industrial unit. On account of this factor, jute industry developed in West- Bengal and tea industry in Assam. Business Organizations: There are various types of business organizations that can exist in a country. This factor refers to the thinking of the people with regard to a particular industry in a particular area. It influences the total cost of production. Welcome to EconomicsDiscussion.net! Henry Ford started manufacturing motor cars in Detroit because he belonged to that place.

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