Certain iron and steel industries in india are collaborated with other countries.Write a report?
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In India, the Steel and Iron industry is one of the most important economic industries. India has been named as the biggest producer of sponge iron and the 3rd largest producer of raw steel on the global front.
Most of the public undertakings related to the steel industry are taken up by SAIL (Steel Authority of India). There are 50 Iron and steel industries in India. TISCO or Tata Steel Plant is the 7th largest steel industry in the world.
A few steel industries have collaborated with foreign countries for the importing raw materials and for exports. Korea and China are the main countries from where India imports cheap raw materials.
The establishment of the Durgapur Steel plant, in West Bengal in 1956, was a result of its collaboration and assistance from British companies.
The Rourkela Steel plant, in Odisha, was established in 1961 and was collaborated with German firms like Krupp and Demag.
The Bhilai steel plant in Chhattisgarh was established in 1967 as a result of its collaboration with the Soviet Union (Russia).
The Bokaro Steel Plant in Jharkhand started as a limited company in 1964 and was established in in collaboration with the Soviet Union. Later, it was merged with the SAIL.
Most of the public undertakings related to the steel industry are taken up by SAIL (Steel Authority of India). There are 50 Iron and steel industries in India. TISCO or Tata Steel Plant is the 7th largest steel industry in the world.
A few steel industries have collaborated with foreign countries for the importing raw materials and for exports. Korea and China are the main countries from where India imports cheap raw materials.
The establishment of the Durgapur Steel plant, in West Bengal in 1956, was a result of its collaboration and assistance from British companies.
The Rourkela Steel plant, in Odisha, was established in 1961 and was collaborated with German firms like Krupp and Demag.
The Bhilai steel plant in Chhattisgarh was established in 1967 as a result of its collaboration with the Soviet Union (Russia).
The Bokaro Steel Plant in Jharkhand started as a limited company in 1964 and was established in in collaboration with the Soviet Union. Later, it was merged with the SAIL.
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