Business Studies, asked by hsilodiya3859, 1 year ago

Why iron and steel industries are known as basic industries?

Answers

Answered by Tamannastar
7
Iron and steel industry is called thebasic 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.
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