[tex]\huge{\color{pink}{\underline{\color{pink} {\underline{\color{pink} {\textbf{\textsf{\colorbox{black}{❥Question:-}}}}}}}}}[/tex]
What helped TISCO expand steel production during the First World War???
Share
[tex]\huge{\color{pink}{\underline{\color{pink} {\underline{\color{pink} {\textbf{\textsf{\colorbox{black}{❥Question:-}}}}}}}}}[/tex]
What helped TISCO expand steel production during the First World War???
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
In the mid of the war, there was a large growth by TISCO in steel production. By providing finance and raw materials, the government assisted TISCO in increasing its steel production. Also, the government awarded TISCO contracts to supply steel for the war effort, aiding in the expansion and success of the business.
༊Ꭿᥒ᥉ᥕᥱꭱ༊
To,@luckymurmu07
During the First World War, TISCO (Tata Iron and Steel Company) expanded steel production due to increased demand for steel for wartime efforts. The key factors that contributed to TISCO's expansion included government contracts for rmilitary supplies, a surge in demand for steel in infrastructure projects, and the company's strategic investments in upgrading its production facilities.
Additionally, TISCO benefited from the overall economic conditions driven by the war, leading to increased industrial activities and the need for essential materials like steel.