📖 generic · 12th TN - English Medium · COMMERCE · Page 240poem

3. Selection of Site

Chapter 3: 3. Separate Discipline: · COMMERCE

. Selection of Site Entrepreneur has to choose suitable plot for accommodating his venture. He has four options open to him for housing his venture. These have been mentioned below. • State Development Corporation like SIDCO, SIPCOT, MMDA, TNHB and Directorate of Industries may allot plot to entrepreneur • Entrepreneur can have a factory sheds constructed by State Industrial Development Agency • Entrepreneur can start ventures in the land developed by private developers • Entrepreneur may buy private land and develop it for industrial use. Following things may be considered in choosing the site namely: • Nearness to Native Place • Incentives provided by the Govt. • Nearness to Market • Availability of Labour and Raw Materials in a particular area. • Infrastructure Facilities

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