Question

Which one of the following is not true regarding the Iron and Steel industry in India?

• A. India is the largest producer of sponge iron.
• B. Most of the public sector undertakings market their steel through the Steel Authority of India.
• C. Chhotanagpur Plateau region has the maximum concentration of iron and steel industries.
• D. As a leading iron and steel producing country, India does not need to import steel from other countries.

Answer 1

The correct option is D As a leading iron and steel producing country, India does not need to import steel from other countries.

D. As a leading iron and steel producing country, India does not need to import steel from other countries is the false statement.

India is both an importer and exporter of iron ore. But, it is a net importer of iron ore. In 2014-15, India imported 15 million tons of iron ore. Exports out of the country is pegged at 4.5 million tons.