Question

TISCO was set up in an opportune time.justify

Answer 1

Answer:

Tata Iron and Steel Company (TISCO) was set up in1912 and started producing steel in India by utilizing the availability of raw materials in the surrounding regions and also make India, leading producer of Steel worldwide

TISCO was set up at an opportune time

In the late 19th century, India was importing steel manufactured in Britain.

Expansion of railway network provided a huge market for producing rails produced by Britain

British in Indian Railways thought that India could not produce quality steel

This idea was changed by TISCO when steel produced in Britain had to meet the demands of war in Europe

Hence, imports of British Steel declined in India and as a result, Indian Railways has to depend on TISCO for supply of rails

As the First World War dragged for 4 years, TISCO had to produce shells and carriage wheels for the war

By 1919, colonial government were buying 90% of steel manufactured by TISCO

Thus, TISCO became the biggest steel industry within the British Empire

Answer 2

The following are the reasons to justify the given statement.

Explanation:

• At the time (1912) when the Tata Iron and Steel Company was established at Jamshedpur, the Indian railways enacted the policy of expanding the Indian railways.
• Though the British officials were not persuaded on the quality of steel produced by Indians, the situation got a change by World War I.
• Since steel produced in Britain was utilized in the war effort, the British officials had to turn to TISCO for supply. By the year 1919, it was selling 90 per cent of the total steel to the colonial government.

Learn More:

Short note on TISCO

https://brainly.in/question/8817663