lunes, 15 de junio de 2015

Factory location influences

Location, localization and planned location of industries are often felt to be synonymous. But, the distinction among these three terms is of immense importance. Entrepreneurs locate their enterprises where the cost of production comes, the lowest at the time of establishing industries. This is known as ‘location of industries’.
The concentration of a particular industry mainly in one area, as occurred with many industries in India, for example, textile industry in Mumbai is known as ‘localisation of industries’. ‘Planned location of industries’ is a term whereby the location of industries is planned to give each industrial area a variety of industries so that large industries are dispersed and not localised

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