Q.28. Why is iron and steel industry called the basic industry? Explain any three reaso
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The reasons why Iron and steel industry is called a basic industry are as follows: i) Most of the small and medium industries depend on the Iron and Steel Industry. ii) Heavy engineering tools are made up of Iron and Steel. iii) This industry provides employment to a large number of people.
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(i) All the other industries — heavy, medium and light, depend on this industry for their machinery.
(ii) Steel is needed to manufacture a variety of engineering goods, construction material, defense, medical, telephonic, scientific equipment and variety of consumer goods.
(iii) This industry contributes a lot in providing employment opportunities to the people.
(iv) It helps in the development of agriculture
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