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With Reference to the Iron and Steel Industry in India, Give Logical Explanation for the Following: - Geography

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Question

With reference to the Iron and Steel industry in India, give logical explanations for the following:

Most of the ‘Iron and Steel’ plants are ‘public sector undertakings’.

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Solution

Most of the Iron and Steel plants are public sector undertakings because it requires large capital investment, machinery and needs research facilities.

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Mineral Based Industries - Iron and Steel Industry
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