Growth pattern of Indian Iron and Steel Industry

Abstract

The hard core of long-term planning in India as embodied in our successive Five Year Plans has been the establishment of "heavy" industry in its diverse phases including the growth of integrated iron and steel complexes and net work of small plants based on resources of men and materials essentially indigenous . Whilst the capital outlay for the establishment of pillars of heavy and tandem growth of medium and light industries have followed certain characteristics pattern influenced by constraints imposed by our balance of payments and thereby based on friendly aid wherever possible , the reliance on capital fundamentally indigenous has been basic.