WHAT IS PLANT LOCATION?
Plant location refers to choice of a region and
the selection of a particular site for setting up
a business or factory.
FACTORS INFLUENCING PLANT LOCATION
Plant
location
Law and order
situation
Availability of
infrastructure facilities
Good industrial relation
Availability of skilled
workforce
Social
infrastructure
LAW AND ORDER SITUATION
Plant location must be at
that place where law and
order situation is in
control. Entrepreneurs give
a lot of importance to this
factor while locating a
business unit in any state
or region.
AVAILABILITY OF INFRASTRUCTURE FACILITIES
Crucial infrastructure facilities
that help industries to grow
up-
※ Transport and
communications
※ Banking and insurance
services
※ Regular fuel supply
※ Continuous supply of
GOOD INDUSTRIAL RELATION
Plant location must be
where good industrial
relation are maintained.
Industrial relations
become bad, because of
militant and selfish
tread unions.
AVAILABLE OF SKILLED WORKFORCE
Plant location must be
convenient and easily
accessible to skilled
workforce. Most business
required skilled-labor
force such as engineers,
management experts,
computer programmers,
etc.
SOCIAL INFRASTRUCTURE
There must suitable Social
infrastructure facilities like-
Education institution,
Hospitals and health
centers,
Community centers like
worship place, garden etc.
Recreation facilities like
theaters, clubs etc.