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Efficient labour and cheap labour is also a crucial element.

Slide 3
Skilled labour is costly but their cost effectiveness and expertise pay for higher wages. Here are some
examples of industries which have developed due to existence of skilled labour such has electronic
industry in japan , utensil industry in jagadhari and Moradabad and glass industry in india
Slide 4
Quick means of transport are needed not only to carry raw materials to the factories but also carry
finalized goods to the market. The concentration of substantial industries in the great lakes sector has
been caused by reasonable means of water transportation presuming the lakes. Almost all huge industrial
towns in japan are port towns. The affordable water transport has led to concentration of jute mills in the
Hoogly zone, west Bengal in India and of numerous industries in the Rhine valley
Slide 5
Huge amount of capital is required for purchasing raw materials, for acquiring machines and for paying
wages to labour
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Existence of a market is needed so that the goods manufactured can be vended. The size of the market is
closely connected to the procured power of the individuals
Slide 7
New technology is required to upgrade
And help the commodity (a raw material or primary agricultural product that can be bought and sold) to
stand in opposition with other countries.

Slide 8
Modern industries need the support of the government to bloom.

Slide 9
Political stability is also essential For the growth of any industry