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+1 vote
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in Entrepreneurship by (53.3k points)

Vishnu started his factory for manufacturing plastic items in Daman. As per the advise of his Manager, he appointed ‘Bizmadeeasy’ company to formulate a business plan for his manufacturing unit. The company in it’s business plan mentioned the cost of installing a water waste treatment plant within the premises of the manufacturing unit.Interpret any two socio-economic benefits expected to acquire from the proposed investment.

1 Answer

+2 votes
by (53.1k points)
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Best answer

The socio economic benefits are: 

(1)  Employment generation 

(2)  Import substitution 

(3)  Ancillarisation 

(4)  Export promotion 

(5)  Local resource utilization 

(6)  Development of the area 

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