the iron and steel industries is one of the most important in india. Iron and steel are freely importable as per the extant policy. There has been a steady increase in the amount of steel imported into the country to meet demands. There are more than 50 iron and steel industries in India..
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ANSWER:
most of the steel plants have been set up in the public sector because: there are large infrastructural facilities such as good transportation, banking and fuel supply. they require huge capital investments that can't be provided by private sector.
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Explanation:
The iron and steel industry is perhaps the most important element of a nation’s industrial economic infrastructure, and the consumption of steel per capita of population is an indicative index of industrialization and progress.