High technology and government policies play their important role in localisation as well as development of the industries.
Its clarification is given below:
1. High technology: It is most essential to watch over environment – conservation when an industry is established.
High technology keeps an eye on environment conservation.
1. High – technology controls the quality of finished goods in an industry.
2. It disposes the wastes of the industry properly.
3. New and efficient techniques work efficiently against pollution.
2. Government policies: The government policies of a country also affect the localisation and development of an industry.
1. If the government of the country has nationalising mentality, foreign companies will not take interest in establishing industry there.
2. If tax exemption and other facilities are being given to the industry sector, the possibility of establishment and development of industries will increase.
