What were the circumstances that made TISCO the biggest steel industry within the British empire?
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Answered by
15
In 1914, the First World War broke out and the steel production in Britain was diverted towards attending to the needs of the British war effort in Europe. As a result, the imports of British steel into India declined sharply and the Indian Railways turned to TISCO for the supply of rails. As the war dragged on for several years, TISCO also had to produce shells and carriage wheels on a large scale. By 1919, the colonial government was buying 90% of the steel manufactured by TISCO. Hence, over time, TISCO became the biggest steel industry within the whole of the British Empire.
Answered by
3
The breakout of World War I led to the rise of TISCO within the British Empire.
Explanation:
- TISCO which famously came to be known as Tata Steel founded by Jamshetji Tata in 1907.
- It became the biggest steel company within the British empire when the war broke out in Europe.
- During the first World War, the majority of the industries in Britain engaged in producing weapons and other materials for troops in the line to win this war.
- With all this, the import of the British steel decline and gave rise to the Tata Steel. It's estimated that by 1919 the government was buying 90% of the steel from TISCO.
Learn More:
Short note on tisco
https://brainly.in/question/8817663
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