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International Journal of Applied Research
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ISSN Print: 2394-7500, ISSN Online: 2394-5869, CODEN: IJARPF

IMPACT FACTOR (RJIF): 8.4

Vol. 5, Issue 3, Part D (2019)

Role of Indian steel industry in growth of Indian economy

Role of Indian steel industry in growth of Indian economy

Author(s)
Renu Tyagi, Pramilla and Ajay Gupta
Abstract
In current article, an attempt has been made for identifying the relationship between performance of Indian steel industry and Indian Economy. Metals have repeatedly proved itself as significant source behind different stages of industrialisation among various civilizations across the globe. Steel has established its position as highly significant during all such industrialisation. Now per capita consumption is being counted as one the key factor for measuring the economic growth of nation. The Steel industry in India is growing at a rapid speed with demand increment and opportunity creation and attraction to the international players. The study period is 2000-2018 and linear regression model has been used to analyse the data. The study shows that there is a statistical significant relationship between Indian steel industries in the growth of Indian economy.
Pages: 346-348  |  398 Views  76 Downloads
How to cite this article:
Renu Tyagi, Pramilla, Ajay Gupta. Role of Indian steel industry in growth of Indian economy. Int J Appl Res 2019;5(3):346-348.
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