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Three features of small industries are as follows: 

1. Small industries require comparatively less amount of inputs like capital, machinery and manpower. 

2. Small industries require comparatively less premise for its day-to-day operations. 

3. Generally, the goods produced in small industries have local/regional markets.

The advantages of the Maharashtra Industrial Development Corporation are as follows:

1. The state government of Maharashtra established Maharashtra Industrial Development Corporation (MIDC) on 1st August, 1962. 

2. Through MIDC, government has set  up industries in all districts of Maharashtra. MIDC supports the industrial growth and decentralization of industries. 

3. Government gives concessional rates to the estates/industries for electricity, water and taxes. Estates/industries are also provided piece of land at concessional rates by the government. 

4. MIDC has been playing an important role in generating employment opportunities in all the 36 districts of Maharashtra. 

5. MIDC has been playing an important indirect role in increasing the per capita income and standards of living of people in Maharashtra.

The factors affecting industrial development are as follows: 

1. Scientific and technological advancement, quantity and quality of labour, speedy transportation facilities, ready markets, availability of raw materials, government policies, political stability, etc. are factors that influence the industrial development of a nation. 

2. For example, dense forest areas, mountainous areas, desert regions have extreme physiographical features. Transport facilities are found to be limited in such regions. Therefore, industrial development is found to be limited in such regions.

3. For example, agriculture is developed on a large scale in the fertile plains and the regions of moderate rainfall. Agriculture provides raw materials to many industries. Therefore, industrial development is found to be high in such regions.

A list of necessary factors for each industry: 

1. Iron and steel industry: Iron ore, manganese, coal, water, etc. 

2. Textile industry: Cotton, transportation services, water, electricity, etc.

3. Sugar industry: Sugar cane, water, electricity, etc.

1. Iron and steel industry: The raw material of iron and steel industry is bulky in nature. The transportation of this raw material is not feasible. Therefore, the location of iron and steel industry is suggested near mineral field. 

2. Textile industry: The raw material of textile industry is cotton. Cotton is light in weight. Therefore, it can be transported easily. Therefore, the location of textile industry is suggested near highway and at a place where labours are available.

3. Sugar industry: The raw material of sugar industry is sugar cane. This raw material is comparatively less durable. Therefore, its transport at a distant location is difficult. Therefore, the location of sugar industry is suggested near the cultivation area.

1. The optimum level and high quality of human resource increases the industrial growth. 

2. Shortage and low quality of human resource decreases the industrial growth.

In a similar manner, a suitable location can be decided for the industries like fruit processing industry, cement industry, etc.

If become industrialist, will do the following: 

1. Start a second industry from the earlier one as a supplementary industry 

2. Will spend some amount for the society after the deduction of tax

3. Provide help for the creation of new industrialist.

Large industries can stem the flow of people towards urban areas.

It is necessary to establish these industries in rural areas.