Localization of Industries: Concept, Causes and Advantages

After reading this article you will learn about:- 1. Concept of Localization 2. Causes of Localization of Industries 3. Advantages 4. Disadvantages. Concept of Localization: An industry concentrated in a certain locality is commonly described as a localized industry. For example, woolen carpet industry is localized in and around Mirzapur, brass work is being carried out in Moradabad, textile industry [...]