IRON ANS STEEL INDUSTRY IS CALLED "BASIC AND HEAVY INDUSTRY"EXPLAIN
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IRON ANS STEEL INDUSTRY IS CALLED "BASIC AND HEAVY INDUSTRY"EXPLAIN
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Answer:Iron and steel industry is called the basic industry due to following reasons: All industries whether heavy, medium or light depend on it for the machinery. Thus, it provides base to the other industries. Steel is required for manufacturing variety of engineering, construction and defence goods.
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As we know that Iron and steel are used to manufacture many basic things like utensils, machines, buildings etc. It means that it contributes most to our GDP. So, these industries are called "Basic and Heavy Industry".