Articles

Banking services chronicle magazine

Banking services chronicle magazine published this aticle page no 6 another method of classifying industries is on the basis of raw materials used by them. accordingly these can be  i agriculturebased industries ii forest-based industries iii mineral-based industries and iv industrially processed raw materialbased industries. another common classification of industries is based on the nature of the manufactured products. eight classes of industries thus identified are  1 metallurgical ind...

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Banking services chronicle magazine

Banking services chronicle magazine published this aticle page no 7 can you guess the reasons for the location of iron and steel industry in eastern and southern india why is there no iron and steel industry in u.p. haryana punjab rajasthan and gujarat location of industries is influenced by several factors like access to raw materials power market capital transport and labour etc. relative significance of these factors varies with time and place. there is strong relationship between raw material a...

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Banking services chronicle magazine

Banking services chronicle magazine published this aticle page no 8 industries using weight-losing raw materials are located in the regions where raw materials are located. why are the sugar mills in india located in sugarcane growing areas similarly the locations of pulp industry copper smelting and pig iron industries are located near their raw materials. in iron and steel industries iron ore and coal both are weight-losing raw materials. therefore an optimum location for iron and steel industrie...

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Banking services chronicle magazine

Banking services chronicle magazine published this aticle page no 9 power provides the motive force for machines and therefore its supply has to be ensured before the location of any industry. however certain industries like aluminium and synthetic nitrogen manufacturing industries tend to be located near sources of power because they are power intensive and require huge quantum of electricity. markets provide the outlets for manufactured products. heavy machine machine tools heavy chemicals are lo...

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Banking services chronicle magazine

Banking services chronicle magazine published this aticle page no 10 cotton textile industry uses a non-weight-losing raw material and is generally located in large urban centre e.g. mumbai ahmedabad surat etc. petroleum refineries are also located near the markets as the transport of crude oil is easier and several products derived from them are used as raw material in other industries. koyali mathura and barauni refineries are typical examples. ports also play a crucial role in the location of oi...

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