Answer:
Factors
required to set up an industry:
(i) Availability of raw materials: Raw materials should be easily
available from nearby areas only.
(ii) Labour: Labour should be skilled and easily available
from the neighbouring areas only.
(iii) Power supply: Without power supply, an industry
cannot be run, so it should also be available as per the requirements.
(iv) Market: If it is a heavy material and a perishable
good, market for the sale of the goods should also be available in a nearby area
only.
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