WORLD INDUSTRIES

  • Location of industries is influenced very much by the availability of raw material, market, power, skilled labour, facilities of transportation, etc. 
  • Heavy industries tend to locate near the sources of raw materials
  • Availability of electricity, especially hydro-electricity favours the location of aluminium industry since it is a cheap power. 
  • Skilled labours are required in the industries of diamond cutting, ornaments, watch making, etc. 
  • Good transportation facility has been the chief localising factor in the industries of Great Lakes region of America. 
  • Light industries which do not require any locational advantage and can be established irrespective of sources of raw material, etc., are called Foot-loose industries, such as Electronic industry, Hosiery industry, etc.
  • This industry requires huge investment of capital and skilled labour, there-fore the industry is concentrated in the developed countries.