Question

" INSPITE OF LARGE PRODUCTION OF STEEL, PER CAPITA CONSUMPTION PER ANNUM IS ONLY 32 KG."

why is the per capita consumption of steel so low in india?

Answer 1

Per capita consumption of steel per annum in India is low due to the fact that India is a developing country. Many people do not have access to infrastructure and a large part of the income accrued is still spent on meeting the basic requirements. This results in a lack of domestic market for steel in India and thus, most of the country's steel production is utilised for international markets.