Localization of industry is encouraged because of
...Localization of industry is encouraged because of
Low interest charges on loans
High standard of living
Low foreign exchange rate
Improvements in infrastructure
Correct answer is D
i) Nearness to raw material.
(ii) Availability of source of power.
(iii) Physical and climate conditions.
(iv) Growth of local industries and infrastructure
(v) Supply of trained labor.
(vi) Availability of capital.
(vii) Momentum of an early start.
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