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Sub Topic: -Contribution of Industry to National Economy, Industrial Location

 Contribution of Industry to National Economy

(a) The share of manufacturing sector in the GDP (Gross Domestic Product) has been stagnant
at 17% over the last two decades.
(b) The total contribution of industry to the GDP is 27% out of which 10% comes from mining,
quarrying, electricity and gas.
(c) The growth of the manufacturing sector had been 7% in the last decade. Since 2003, the
growth rate has been 9 to 10% per annum. The desired growth rate over the next decade is
12%.
(d) The National Manufacturing Competitiveness Council (NMCC) has been set with the
objectives of improving productivity through proper policy interventions by the government and
renewed efforts by the industry..

 Industrial Location

Factors effecting the location of an Industry:

(a) Physical Factors:- (b) Human Factors
 Raw Materials:  Capital
 Power  Government Policies
 Transport  Banking Facilities
 Water  Labour
 Site  Market
 Cimate  Key to decision of industrial location is
"LEAST COST".