Business Studies, asked by baluramavath135, 1 year ago

Give reason why iron and steel industries completed as a key or a basic industry

Answers

Answered by meenayadav45411
1

Answer:

Iron and steel industry is called the basic industry due to following reasons: All industries whether heavy, medium or light depend on it for the machinery. Thus, it provides base to the other industries. Steel is required for manufacturing variety of engineering, construction and defence goods.

Explanation:

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Answered by TheDreamCatcher
6

Explanation:

Iron and steel industry is called the basic industry due to following reasons: All industries whether heavy, medium or light depend on it for the machinery. Thus, it provides base to the other industries. Steel is required for manufacturing variety of engineering, construction and defence goods.

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