Question

how was tisco set up at an opportunity time ? explain in brief​

Answer 1

1) The Tata Iron and Steel Company (TISCO) was set-up in 1912.

2) Within the next two years of its establishment, First World War started in 1914. Steel production in Britain could not fulfill the war demands. So imports of the British steel into India declined and the Indian Railways had to rely on TISCO for supplies of rails.

3) As the war continued for many years, TISCO also started producing shells and carriage wheels for the war.

4) By 1919, the colonial government bought 90% of the steel products manufactured by TISCO. That is why the TISCO was set-up at an opportune time.