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CBSE Class 8 Answered

facter efecting industrial devlpment
Asked by seema.rane26 | 23 Mar, 2019, 07:49: PM
answered-by-expert Expert Answer

Factors affecting industrial development are:

  • India has a fast-growing population of working age
  • Wage and land costs are low in India resulting in low cost of production
  • Development of infrastructure and communication
  • Availability of natural resources
  • The country has a comparative advantage in many service industries such as business software
  • Availability of cheap skilled and unskilled labour
Answered by Social Science Expert | 25 Mar, 2019, 08:45: AM

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