Question

Discuss any three problems faced by the iron and steel industry in India

Answer 1

Three problems faced by iron and steel industry:

1. Coking coal which is essential for its production is expensive and limited in availability.

2. The power supply isn't regular as power cuts are common.

3. Labour force is not as productive as it is in developed countries.

Answer 2

1.Capital  

2. Lack of Technology

3.Low Productivity

4. Inefficiency of public sector units

5. Low potential utilisation

6. Heavy demand