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How does poor infrastructure becomes a challenge in the iron and steel industry? |
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Answer» Because:1.poor transportation facility do not allow industry to flourish its goods over an area 2.it also harms connection of industry with market 3. Banking facilities would also disrupt Low productivity of labour. Irregular supply of energy: There is an irregular supply of electricity in India, so that work becomes more difficult. Poor infrastructure: The technological development in India is less as compared to other countries. Though India is an important producer of iron and steel in the world, we are not able to perform to our full potential largely due to:\t\xa0High cost: Limited availability of coking coal as the amount of coking coal is limited, its cost in India is high therefore the industry faces difficulty in buying it.\t\xa0Low productivity of labour.\t Irregular supply of energy: There is an irregular supply of electricity in India, so that work becomes more difficult.\t\xa0Poor infrastructure: The technological development in India is less as compared to other countries. |
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