Footloose Industries

Meaning

• Any industry which does not have an obligation to set up it’s factories in vicinity of raw materials

Characteristics

• light weight products
• market driven
• can go for Decentralization
• requires transportation facility
• Examples:
  • FMCG
    • fast moving consumer goods
  • pharmaceutical products

States where govt. policies are favourable for footloose expansion

Historically favourable policies for expansion of industries

• T.N.
• Karanataka
• Maharashtra
• Gujarat
• Uttrakhand