What Is Industrial Decentralization

Industrial decentralization is a policy component of industrial development strategies in virtually all countries that have a high. geographical concentration of manufacturing industry in a few areas, accompanied by low and declining levels of economic. activity in many other, often populous regions.

What is the meaning of industrial decentralization?

The industry need not be located near the market or near the raw materials, if there are other more important advantages elsewhere. Thus industry gets decentralised. … For example, if the market is more important than the materials, then the factories can move out, and get established in or near the market.

What is decentralized process?

Decentralization or decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group.