Explain any three problems faced by ‘Iron and Steel’ industry in India.
India is an important iron and steel producing country in the world yet, we are not able to perform to our full potential due to:
- High costs and limited, availability of coking coal.
- Lower productivity of labour.
- Irregular supply of energy.
- Poor infrastructure.
- There is a need to allocate resources for research and development to produce steel more computatively.