Question

locational advantages of iron and steel industry in durgapur

Answer 1

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Durgapur Steel Plant is one of the integrated steel plants of Steel Authority of India Limited, located in Durgapur, in the eastern Indian state of West Bengal. It was set up with the help of United Kingdom.

As the world's 3rd largest producer of steel, India has humongous scope for developing its mining reserves for iron ore. Indian Steel sector's contribution to the overall Gross Domestic Product (GDP) of the country is above 2% during 2018. The total exposure of steel industry is about Rs. 3.13 lakh crore rupees.

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