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IISCO stands for __________.
A. Indian Iron and Steel Corporation
B. India Iron and Steel Company
C. India Iron and Steel Cooperative
D. India Iron and Steel Limited

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Last updated date: 18th Jun 2024
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Answer
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Hint: IISCO is an integrated steel plant which is located at Burnpur in Paschim Bardhaman district of West Bengal of India. It is an iron and steel industry.

Complete step-by-step answer:
IISCO has a crude steel production capacity of $2.5$ million tonnes per annum. It was established in the year 1918. The foundation for the green field modernization and the expansion of the IISCO steel Plant was laid down by Prime Minister Manmohan Singh at Burnpur on 24 December 2006. In the 18th and 19th centuries, several attempts were made in India to produce iron and steel. Many of them did not succeed. The number of employees working here, as of 1 April 2020, is 5945. A.V.Kamlakar is the CEO (Chief Executive Officer) of this company. The company headquarters is also located at Burnpur (Asansol). The products of this company are wire and coil, Z section, I section, TMT Rods, Angles, Pig Iron, Channels, etc. a cost of over 16,000 crores was spent for the modernization and expansion program of IISCO steel plant. It was the largest single investment in West Bengal till then. The main units of this plant are coke ovens, raw material handling system, sinter plant, blast furnace, basic oxygen furnace, oxygen plant, continuous casters, and rolling mills. The production of crude steel at ISP in the year 2017 – 18 was $1.80$ million tonnes and the production of saleable steel was $1.69$ million tonnes.

Thus, option (B) is correct.

Note: The Indian Iron and Steel Company (IISCO) was amalgamated with SAIL in 2006. After this, it was renamed as IISCO Steel Plant.