Why TISCO was set up in Jamshedpur?
Tata Iron and Steel Company (TISCO) was set up in Jamshedpur, Jharkhand in 1907. The main reason for setting up TISCO in Jamshedpur was to tap the rich mineral resources of the region and to provide employment opportunities to the local people.
Rich Mineral Resources
Jamshedpur is located in the Chota Nagpur Plateau, which is the richest mineral belt in India. The area has abundant reserves of iron ore, coal, manganese, and other minerals. TISCO was established to take advantage of these resources and to produce high-quality steel at a lower cost.
Strategic Location
Another reason for setting up TISCO in Jamshedpur was its strategic location. The city is located close to the ports of Kolkata and Haldia, which made it easier to transport raw materials and finished products. Moreover, the city was well-connected by rail and road, which made it easier to transport goods to different parts of the country.
Availability of Skilled Labor
Jamshedpur was a small town with a population of around 10,000 when TISCO was established. However, the region had a history of mining and metalworking, and there were many skilled workers available. TISCO provided employment opportunities to the local people and trained them in modern steelmaking techniques, which helped in the development of the region.
Social Responsibility
Tata Group has always been known for its philanthropic activities and social responsibility. The company set up schools, hospitals, and other amenities for its employees and their families. It also provided housing, sanitation, and other facilities to the local people. This helped in the development of the region and improved the standard of living of the people.
Conclusion
In conclusion, TISCO was set up in Jamshedpur to tap the rich mineral resources of the region, take advantage of its strategic location, provide employment opportunities to the local people, and fulfill its social responsibility. Today, TISCO is one of the largest steel producers in India and has contributed significantly to the development of the region.