Question

What is the difference between iron and steel textile industry?

Answer 1

The differences between iron & steel industry and cotton textile industry are as follows:

1. Iron & steel industries are mineral based industries whereas cotton textile industries are agro- based industries.
2.Iron & steel industry is a capital intensive industry whereas cotton textile industry is a labour intensive industry.
3.Iron & steel industry is a intermediate goods industry and cotton textile industry is a consumer goods industry.

Answer 2

iron and steel industry

1 it is an industry where iron and steel is manufactured

2 it is also known as back bone of other industry

3 it provides raw materials to other industry

4 example are Tata steel in India and Pittsburgh in USA

cotton textiles industry

1 it is an industry where cotton clothes are. made

2 it is agro based industry

3 it uses raw cotton as raw materials

4 example are Ahmedabad in India and Osaka in Japan