which industry is called the basic industry steel industry, cement industry IT industry , iron industry
Answers
Answer:
Iron and steel industry is called the basic industry due to following reasons: All industries whether heavy, medium or light depend on it for the machinery. Thus, it provides base to the other industries. Steel is required for manufacturing variety of engineering, construction and defence goods.
Answer:
The iron and steel industry is called the basic industry because of the following reasons:
(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.