Selecting Location for Agro-Based Industry Using ELECTRE III Method

The Indian economy is driven by its agricultural sector. Industries based on agricultural produce are important as they give a competitive market for the agricultural production. Mustard is one of the major cash crops selected for this chapter. Mustard oil is used as cooking medium as well as other purpose in Indian households. Selecting the best location for setting up a mustard mill can be considered as a multiple criteria decision-making problem (MCDM), and ELECTRE III method is used and explained in detail to rank different location options in increasing order of suitability.