Question

Define about iron and cotton industries​

Answer 1

.Iron and steel industry of India and its raw material - shortcut. It is a basic industry and forms the backbone of industrial development in any country. The main raw materials used in the iron and steel industry are iron ore, manganese, limestone, silica, chromate, feldspar, scrap iron flux and fuel.

Answer 2

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✎IRON INDUSTRY

⇝The iron and steel industry is a basis for the development of a number of industries in the global economy: the defense industry, transportation and heavy engineering, energy and construction (including aeronautical and shipping construction). Moreover, the iron and steel industry is closely related to the chemical industry and light industry. It shows that the iron and steel industry has the potential to contribute to the competitiveness of national producers and to the growth of the national economy.

Top Iron industries of India

Tata Steel. With an annual crude steel capacity of 33 million tons per annum (MTPA), the Tata Steel Group is one of the leading global steel companies. ...

• SAIL. The Steel Authority of India Limited (SAIL) reveals its origins in the emerging country's formative years. ...

• Hindalco. ...

• Jindal Steel. ...

• JSW Steel. ...

• Essar Steel. ...

• RINL. ...

• NMDC.

✎COTTON INDUSTRY

⇝Cotton plays an important role in the Indian economy as the country's textile industry is predominantly cotton based. India is one of the largest producers as well as exporters of cotton yarn. The Indian textile industry contributes around 5 per cent to country’s gross domestic product (GDP), 14 per cent to industrial production and 11 per cent to total exports earnings. The industry is also the second-largest employer in the country after agriculture, providing employment to over 51 million people directly and 68 million people indirectly, including unskilled women. The textile industry is also expected to reach US$ 223 billion by the year 2021.

The states of Gujarat, Maharashtra, Telangana, Andhra Pradesh, Karnataka, Madhya Pradesh, Haryana, Rajasthan, and Punjab are the major cotton producers in India

Here are the top cotton companies in India by revenue which is sorted out based on Turnover.

• Arvind Ltd. Revenue: Rs 7,229 Cr. ...

• Vardhman Textiles Ltd. ...

• Welspun India Ltd. ...

• Raymond Ltd. ...

• Trident Ltd. ...

• K P R Mill Ltd. ...

• Page Industries Ltd. ...

• Nitin Spinners Ltd.

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