Question

Why is the per capita consumption of steel so low in india 0th?

Answer 1

hyy mates

The per capita values of almost all the indicators will be low for India simply because of the reason that our population is so huge. Per capita value of any indicator is the total production by the country divided by the population of that country. So even though India is one of the top most producers of steel in the world, the per capita consumption will show a low value because we have to divide it by 1.3 billion

According, to World Steel Association, India was the third largest producer of Steel in 2014 and 2015, after China and Japan. We produced 89.4 million tonnes of crude steel which is more than what USA produced in 2015. However, divide it by 1.3 billion and per capita consumption becomes very low.

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