Describe the important factors for the establishment and history of iron and steel industry in India?
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Factors for the establishment of iron and steel industry in India:
• Its closeness to sea port for export facilities.
• It regularly supplies water and power.
• Availability of cheap labor is the main factor for establishment of industries.
• The important factor which is useful in the establishment of these industries is that they are near to the market where products can be easily sold.
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