Why is iron and steel industry called or basic industry
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The iron and steel Industry is the basic industry because: ... All the other industries - heavy, medium and light, depend on it for their machinery. ii. Steel is needed to manufacture a variety of engineering goods, construction material, defence, medical, telephonic, scientific equipment and a variety of consumer goods.
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Iron Industry is called Basic Industry because it act as need for all other Industries... ... Iron and steel industry is known as basic industry as it provides a base to the other industries.It provides raw materials to ship building, transport equipments, machine and tool making industry, Aircraft etc.
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