Question

Explain the reasons for the concentration of iron and steel industries in and around the Chotanagpur region.

Answer 1

Hint:
 The iron and steel industry is the primary business since the wide range of various industries — substantial, average and light, rely upon it for their tool. Steel is needed to deliver different kinds of design in tools development hardware, protection, clinical, telephonic, logical gear and an assortment of purchaser products.

Complete solution:
The iron and steel industries are among the main projects in India. During 2014 through 2016, India was the third-biggest maker of crude steel. In 2019 India turned into the second-biggest steel maker on the planet after China. and the biggest maker of steel iron on the planet. The business created 82.68 million tons of completely correlated steel and 9.7 million tons of crude iron. Generally, iron and steel in India are delivered from iron metal.
 Production and consumption of steel are often considered as the index of a country’s development. Iron and steel is a huge industry since all the crude materials, just as completed merchandise, are substantial and massive involving weighty transporter costs. Iron mineral, coking coal and limestone are needed in the proportion of around 4: 2: 1. Some quantities of manganese are also required to strengthen the steel.

Chotanagpur Plateau Region has a maximum concentration of Iron and Steel industries because:
1) Low price of iron ore is available
2) High-grade raw material is in proximity
3) Cheap labour
4) Vast development of potential in the home market

Note:
Challenges faced by the Indian Steel and iron Industry
- Lack of Capital: The iron and steel industry requires large capital investment which a developing country like India cannot afford.
- Lack of Technology:
- Low Productivity:
- Low conceivable utilisation:
- Scarcity of metallurgical coal:
- Insufficient quality of products: