Question

Write a short note on the development of TISCO during the Colonial rule.

Answer 1

Explanation:

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Answer 2

• Growing market integration, improving institutional setting, and changes in government economic policy during the 19th century were important developments in the founding of the first full-fledged iron and steel maker in colonial India, the Tata Iron and Steel Company (TISCO). This chapter will cover TISCO during its formation in the first decade of the 20th century by focusing on the two aspects of the procurement of necessary inputs and the realization of corporate structure.

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