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Question

Distinguish between the following :

(a) electronic industry and IT Industry .

(b) Iron and Steel Industry

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Solution

ELECTRONICS and IT INDUSTRY IRON AND STEEL INDUSTRY
Information technology is an emerging industry. The iron and steel and textile industry are the older industries.
The information technology industry deals in the storage, processing and distribution of information. This is a feeder industry whose products are used as raw material for other industries.
The major input for this industry is skilled employees with vast knowledge in technology. The inputs for the industry include raw materials such as iron ore, coal and limestone, along with labour, capital, site and other infrastructure.
The major hubs of Information technology industry are the Silicon valley of Central California and the Bangalore region of India. The countries in which iron and steel industry is located are Germany, USA, China, Japan and Russia.
The main factors guiding the location of these industries are resource availability, cost and infrastructure. Availability of raw material, land, water, labour, power, capital, transport and market are the factors determining the location of these industries.

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