What makes a location favourable for setting up to industry

The Following makes a location favourable for setting up an Industry: 

These are some physical factors and human factors that affect the location of industries are:

1. Availability of Raw materials  at a lower cost. 

2.Availability of power resources.

3. Availability of good land and and water. 

4. Availability of services like Banking, insurance etc. 

5. Favourable government Policies. 

6. Availability of water and  electricity. 

7. Availability of large number of skilled as well as unskilled workers to work in industry. 

8. Availability of good transportation service and distribution price.

9. Availability of markets to sell final products.