Discuss the locational factors of TISCO?

Question

Answer

*Availability of Iron ore
*Cheap labour
*Export facility
*Transportation and communication facilities

hope it will help u:)

Answer

1. only 32 km away from railway station.

2. Coal from jharia and iron,manganese, limestone from orrisa and Chhattisgarh.

3. Close to Kolkata port and market.

4. well drained by rivers kharkai and subarnarekha

Answer

Locational Factors of TISCO

TISCO, also known as Tata Iron and Steel Company, is one of the largest steel producers in India. Its location plays a crucial role in its success and profitability. Several locational factors contribute to TISCO's growth and development. Let's discuss these factors in detail:

1. Proximity to Raw Materials:
TISCO is strategically located in Jamshedpur, Jharkhand, which is close to the rich iron ore reserves of the Chota Nagpur plateau. This proximity to raw materials ensures a steady and cost-effective supply of iron ore, which is the primary raw material for steel production. Additionally, Jamshedpur is also close to coal mines, which are essential for the production of coke, another crucial ingredient in steelmaking.

2. Availability of Skilled Labor:
Another significant locational advantage of TISCO is the availability of skilled labor in the region. Jamshedpur has a history of industrialization, and TISCO has been a major employer in the area for many years. The company has established training institutes and vocational schools to develop a skilled workforce. The presence of skilled labor ensures efficient production processes and contributes to the overall growth of the company.

3. Access to Transport Infrastructure:
TISCO is well-connected to various modes of transportation, including railways, roadways, and waterways. Jamshedpur has its own railway station, making it easier for the company to transport raw materials and finished products. The proximity to Kolkata port facilitates the import and export of materials. Additionally, the company has developed a well-connected road network within the plant premises for the smooth movement of goods.

4. Power Supply:
A reliable and uninterrupted power supply is crucial for steel manufacturing. TISCO benefits from being situated near the Damodar River, which provides ample water resources for power generation. The company has also set up its power generation facilities to ensure a steady supply of electricity, reducing dependence on external sources.

5. Government Support:
The government of Jharkhand has been supportive of TISCO's operations, providing various incentives and policies to encourage industrial growth in the region. These include tax benefits, infrastructure development, and a favorable investment climate. Such government support plays a crucial role in attracting industries and fostering their growth.

In conclusion, the locational factors of TISCO, including proximity to raw materials, availability of skilled labor, access to transport infrastructure, power supply, and government support, have contributed to its success and growth. These factors have enabled TISCO to establish itself as a leading steel producer in India and continue to play a vital role in its operations.

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