Which region in the india has the maximum concentration of iron and steel industries what problem does the industry faced?
Answers
Jarkhand Bihar And chootanagpur regin has the maximum iron and steel industry
Answer:
Chotanagpur plateau region has the maximum concentration of iron and steel industries . It is largely, because of relative advantages this region has for the development of this industry.
Explanation:
Major problems faced by iron and steel industries are as below:
Capital
Iron and steel are always large scale industries so the required large capital which a developing country like India cannot afford.
Lack of Technology
There is large deficiency of technology in these industries because all technology is imported from abroad required large amount of capital and lack of training decrease the material value productivity in India
Heavy demand
Due to large demand and few resources large quantities of iron and steel are to be imported for meeting the demands.