CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

First World War helped the growth of TISCO. How?

Open in App
Solution

Dear Student

TISCO was able to expand steel production during the First World War because the British imports of iron and steel into India declined and the market for the steel manufactured by it increased. During the war, the steel produced in Britain had to meet the demands of the war. As a result, the imports of British steel into India declined dramatically. At this time, the Indian Railways turned to TISCO for the supply of rails. As the war dragged on for several years, TISCO had to produce shells and carriage wheels for the war. To meet the demands of the war, TISCO had to expand its capacity and extend the size of its factory. By 1919, the colonial government was buying 90 per cent of the steel manufactured by TISCO.

Regards

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Summary
HISTORY
Watch in App
Join BYJU'S Learning Program
CrossIcon