STEEL: THE BASIC INDUSTRY OF INDIA
Well, iron and steel industry, the basic industry in India or around the globe, and a significant one, has been the core of functioning of a long list of industries. They are, every industry, be it heavy, medium or light works on machinery made out of Steel industry. Thus, rightfully claimed as a base to the other industries.
Manufacturing variety of engineering, construction, defence goods, shipbuilding industries, aircrafts, transport equipment etc requires steel, finished product of the iron and steel industry. From the super-serious machines, well, it is also used in day to day consumer goods, like containers, safety pins etc.
Having said that, one can produce a lot of things and take a step towards building profitable businesses in steel industry:
Well, these are some of the very popular businesses and you can take any of these business ideas, research, if you are most suited for them as an entrepreneur to start and get started!