Industrial Regions
In this section, we explore the concept of industrial regions, which develop when industries cluster together to share resources, labor, and markets. Industries are classified based on several criteria:
- Raw Materials: They can be categorized into agro-based, mineral-based, marine-based, and forest-based industries, depending on the source of their raw materials.
- Size: Industries may be small-scale, cottage, or large-scale based on the volume of production and capital investment.
- Ownership: Classification can also be divided among private sector, public sector, joint sector, and cooperative sector industries.
The factors that affect industrial location are diverse and include the availability of raw materials, land, labor, water, power, capital, transport, and market accessibility. Various industrial regions across the globe and within India are highlighted, particularly emphasizing the significance of the iron and steel industry as a backbone for other industries. The tragic consequences of industrial disasters, like the Bhopal Gas Tragedy, are also discussed, alongside necessary risk reduction measures. Overall, understanding these industrial regions helps to comprehend the global and regional economic landscapes.