What are the requirements for setting up an industry?

1.	What are the requirements for setting up an industry?
Answer» To set up an industry, the following basic requirements must be met. 1. The required raw material must be available. 2. The location must be appropriate. 3. Finance and infrastructure in terms of management and human resources must be available. 4. The market for the finished goods must be identified.

Answer»

To set up an industry, the following basic requirements must be met.

1. The required raw material must be available.

2. The location must be appropriate.

3. Finance and infrastructure in terms of management and human resources must be available.

4. The market for the finished goods must be identified.

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