why steel and iron industry is known as the basic industry?
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1) it is this industry which lays the foundation of rapid development of other industries such as heavy engineering, defence equipment, automobiles, etc.
2) it is also helpful in providing employment.
2) it is also helpful in providing employment.
sushil55:
thnx
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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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