“Iron and Steel industries are mainly in the public sector in India”.  Give 4 reasons to support of your answer.

Asked by subbarao.chaitanya | 4th Mar, 2015, 06:01: PM

Expert Answer:

Hello Subbarao,

Iron and steel industry are mainly in the public sector in India as the iron and steel industry is the basic industry as the products of this industry are used as raw materials in various industries. The main motive of the Iron and steel industries is not to earn profits but to help other industries to develop and prosper.

Answered by  | 4th Mar, 2015, 06:15: PM

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