Question

are iron and steel industries benefiting its localities

Answer 1

Being one of most essential industries in India, Iron and steel industry has helped in generation of several subsidiaries and small scale industries. It also supports transport, fuel, power and communication industries. It is estimated that Indian iron and steel industry exports around 50% of total production. Production in these industries has been increasing for last 20 years. Also there is an increase in export of iron ore. Experts believe that reduction in export duty has helped iron and steel industry grow at a rapid pace. There are several players that operate in this industry in India. Major ones include Tata Steel, SAIL, Jindal Steel and power limited, Essar Steel and Bhushan Power and steel. 

Answer 2

ĀNSWĒR ⏬⏬



Yes , Iron and steel industries benefiting it's locality because Iron and steel industries are one of the most important industries in India.The Indian steel industry is very modern with state-of-the-art steel mills. Iron and Steel Plants of India Tata Iron and Steel Company (TISCO), Indian Iron and Steel Company (IISCO) etc.



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