Why is the iron and steel industry considered basic to the industrial development of any country? Name
any four major iron and steel plants of India and their location.
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The iron and steel Industry is the basic industry because:
i. 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.
iii. Iron and steel are heavy industries because all the raw materials, as well as finished goods are heavy and bulky. It involves heavy transportation costs.
answer from 'toppr'
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