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Why is iron and steel industry called a basic industry????

Answer» Iron and steel industry\xa0is\xa0called\xa0thebasic industry\xa0due to following reasons: All\xa0industries\xa0whether heavy, medium or light depend on it for the machinery. Thus, it provides base to the other\xa0industries.\xa0Steel\xa0is required for manufacturing variety of engineering, construction and defence goods.
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Iron and steel industry\xa0is\xa0called\xa0the\xa0basic industry\xa0due to following reasons: All\xa0industries\xa0whether heavy, medium or light depend on it for the machinery. Thus, it provides base to the other\xa0industries.\xa0Steel\xa0is required for manufacturing variety of engineering, construction and defence goods.


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